As "YOLO spenders" have financed more and more spending with debt, Rosenberg said the consumer credit default cycle has already arrived.
  • knightly the Sneptaur@pawb.social
    81·
    9 months ago

    The credit card companies are just middlemen that process transactions for banks. All you’d get from blowing them up is lines to pull cash from the bank and bills in the mail to pay by check.