Almost all makeup purchases are made with credit cards. Makeup is a ~ $88 BILLION dollar per year industry. https://www.statista.com/topics/1008/cosmetics-industry/ … Q.E.D. Americans borrowed $88 BILLION last year to pay for makeup. Devastating ? Or maybe not a big deal bc that's just $250 per American ?https://twitter.com/PramilaJayapal/status/1113152869975252992 …
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Replying to @MorlockP
[Nassim Taleb bursts through the window, screaming FAT TAILS!!! in perfectly articulated Semitic gutturals]
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It is the leading cause of bankrupcy, so definitely punching above its weight in the devastation department https://www.cnbc.com/id/100840148
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Replying to @djinnius
This study is based off of E. Warren's study, which had garbage methodology, I believe.
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@asymmetricinfo dismantled it. (Warren's)1 reply 0 retweets 2 likes
yep! Years ago.
7:01 AM - 4 Apr 2019
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