Lol the thing is finance people were talking about the dangers of being "overleveraged" for YEARS before this happened No one can say they weren't warnedhttps://twitter.com/Coelasquid/status/1340036662454185984 …
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Someone borrows orders of magnitude more to make more money off of investments, and they start whining for government bailouts the instant anything goes south And people listen
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I am personally, currently, starving because I had to choose a private car loan that has no financial hardship provisions before the pandemic and 30% of my income goes to it and I don’t have enough left to eat and on 1 January they’ll cut welfare by 30%. I’m scared
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They’ll cut welfare by $100 I mean. Sorry
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