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    don_dunstan posted 18 Apr 2018 11:59
    Posted in The Lounge » It's the economy, stupid!

    For every low paid millenial, there's always Afterpay.

    https://www.livewiremarkets.com/wires/much-more-growth-ahead-for-afterpay

    https://www.businessnewsaus.com.au/articles/afterpay-ceo-on-the-ups-and-downs-of-starting-up-and-why-you-need-to--run-through-walls-.html

    http://www.afr.com/business/retail/afterpay-market-update-to-highlight-christmas-growth-20170114-gtrms9

    An economy utterly dependent on consumer spending requires nothing less.

    locojoe67

    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.

    What could possibly go wrong?

    Edit history

    Edited 18 Apr 2018 12:11, 3 years ago, edited by don_dunstan

    For every low paid millenial, there's always Afterpay.

    https://www.livewiremarkets.com/wires/much-more-growth-ahead-for-afterpay

    https://www.businessnewsaus.com.au/articles/afterpay-ceo-on-the-ups-and-downs-of-starting-up-and-why-you-need-to--run-through-walls-.html

    http://www.afr.com/business/retail/afterpay-market-update-to-highlight-christmas-growth-20170114-gtrms9

    An economy utterly dependent on consumer spending requires nothing less.

    locojoe67

    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.

    What could possibly go wrong?

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