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Earlier the buyers were made light by their pocket with sub-prime loan financial engineering, now the target has moved to businesses with this new financial eng
by phekunde 5y ago
Earlier the buyers were made light by their pocket with sub-prime loan financial engineering, now the target has moved to businesses with this new financial engineering. Sounds bit worrisome.
- wmf 5y agoBusinesses are supposed to be sophisticated enough that they should be allowed to spend ~3% more of revenue on customer acquisition if they want to.
- deleted 5y ago[deleted]
- whoisburbansky 5y agoThe article addresses systemic concerns with BNPLs fairly well, is there anything about the arguments OP makes regarding this kind of consumption being far less risky at a macro level than the kind of wizardry that led to the mortgage crisis that you specifically find unconvincing?