We financialize everything and bleed the poors of what little money they have for decades and now they don’t have money for things???
My wife’s car is about to hit 100k and we wanted to sell it, but instead we are in a holding pattern due to 9% interest on CAR LOANS. And because it keeps breaking down, we are now reducing our spending and accumulating “emergency funds”. It sucks fucking shit.
Sell it and buy a 2008 Corolla and pocket $90k
Oh you meant 100k miles. My cars at 225k and has never broken down. What kinda car you have??
she has a 2012 Camaro.
Oof. American car AND a sports car. No wonder it’s a money pit. Got the double whammy there.
yeah sell that crap and get a used honda/toyota, its about the least bad cars you can get, maintenance wise. probably better mileage too.
Holy shit what car loans are 9% right now? The last time I had a car loan it was 2% and I didn’t pay any interest for the first year. What the absolute dick
People living paycheck to paycheck or living under increasing debt are being careful about where they spend what little money they actually have?
Translation: we broke as fuck
Capitalists proving once again that only Marxists truly get how capitalism works
I received like 4 solicitations today from financial services companies with whom I have accounts for secured loans and lines of credit leveraged against my accounts at like 6-8% interest. and my credit rocks.
it weirds me out because these are among the shittiest deals I have ever been offered in my life, but of course they are presented as though they are a huge favor.
I don’t know what dimension the great minds of finance journalism exist in where it isn’t obvious that we’re all in siege mode to avoid the usurous rates casually being tossed around.
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