Re:Americans see their savings vanish in Synapse fintech crisis
by jmclnx on Saturday November 23, 2024 @10:26AM
(#42221378)
And to add to this, I think it was JC Penny that called this "80% OFF" sale out and stopped doing that. The result, they came very close to Chapter 11. They ended up reversing that policy just to stay in business.
This is just one example of how really stupid the Average American is. The past election also just proved how dumb the average person is in the US.
Re:Americans see their savings vanish in Synapse fintech crisis
by PaulDavisThe1st on Saturday November 23, 2024 @12:18PM
(#42222031)
JC Penney's problems went considerably further than whether they did or did not run an "80% OFF" sale.
Re:Americans see their savings vanish in Synapse fintech crisis
by themadturk on Saturday November 23, 2024 @10:21PM
(#42225691)
True, but the ending of "80% off" style sales was a very visible problem for them.
It’s something that most Europeans that come to America either are shocked by or fall prey to, because not only are laws tighter in Europe regarding fraudulent activities, but in many places of Western Europe, society is still relatively high trust and of good morals and ethics with little of the overt and blatant open scamming and lies you see in America on a daily basis to such a degree that most Americans cannot even see it.
A more apparent example of that is our stores in America that are always having a BIG BIG SALE of up to 80% OFF. When it’s just the same market prices claiming to be 80% discounted from some made up price.