Skip Navigation

News @lemmy.world

return2ozma @lemmy.world

1y ago

Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

www.cnbc.com Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

Americans have been grappling with higher food costs since 2021. To get relief, some are turning to credit cards, buy now pay later or payday loans.

Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

A Boring Dystopia @lemmy.world

Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

www.cnbc.com /2024/05/20/americans-are-going-into-debt-to-buy-groceries-research-finds.html

Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

159 12

12 comments

The stock market is doing GREAT!
- And GDP is rising.

If you want a picture of hell, here in Argentina it has become common to offer 12 month paying schemes for hair cuts.
- 12-month* payment schemes

Yes they must have it tough living in one of the richest countries in the world.
- Just because it's the richest country on the planet doesn't mean the wealth is spread evenly.
  
  The US is the 9th richest nation in the world.
  https://gfmag.com/data/worlds-richest-and-poorest-countries/
- If you have access to nationalized healthcare you have it better than the vast majority of Americans.

12 comments