For every low paid millenial, there's always Afterpay.Interesting, I've been watching the ascendancy of Afterpay as well, it's going gang-busters with people whose credit cards have maxed out (I guess). Just when you thought Australian households could not get any deeper into debt (we spend a world-beating 200% of our household incomes) along comes something like Afterpay to put people into even more debt. Fantastic.https://www.livewiremarkets.com/wires/much-more-growth-ahead-for-afterpay
An economy utterly dependent on consumer spending requires nothing less.
What could possibly go wrong?
Edited 18 Apr 2018 12:11, 3 years ago, edited by don_dunstan
For every low paid millenial, there's always Afterpay.Interesting, I've been watching the ascendancy of Afterpay as well, it's interesting. Just when you thought Australian households could not get any deeper into debt (we spend a world-beating 200% of our household incomes) along comes something like Afterpay to put people into even more debt. Fantastic.https://www.livewiremarkets.com/wires/much-more-growth-ahead-for-afterpay
An economy utterly dependent on consumer spending requires nothing less.
What could possibly go wrong?
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