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A comment on It Ruined Everything’: Buy Now, Pay Later Drives Gen Z into Debt. Parent comment

Re:It Ruined Everything’: Buy Now, Pay Later Drives Gen Z in... by xboxnolifes on Sunday November 27, 2022 @12:02AM (#33760554)
I'd add a small caveat that it's irresponsible to buy liabilities with money you don't have. Buying appreciating assets with money you don't have is how our entire economy is based around, and is also what all of the rich people do.
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Re:It Ruined Everything’: Buy Now, Pay Later Drives Gen Z in... by bruce511 on Sunday November 27, 2022 @12:16AM (#33760619)
I completely agree. With the proviso that the economy also revolves around the existance of consumer debt, and the willingness of huge numbers of people to squander it.
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