jaxadam
Well-Known Member
I’m more of a Boltzmann brain theory guy myself.
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The squeeze is finally hitting the US economy, or at least the corporate-consumer part of it. These greedy companies have been squeezing Americans for all they can since COVID and it seems like it's finally coming to a head.
McDonald's just posted losses. Across the fast food industry, value menus are making a roaring comeback.
I received a promotion from Discover a month-ish ago for a 2% interest rate to try to convince me to spend more. I just got an email from Synchrony (a card I took out 3 years ago to buy my PRS, paid off with my bonus 1 month later, then never used again) begging me to spend some money with some promotional financing. I now have 3 credit cards with 0-2% interest rates and I'm still keeping my wallet tight.
I just love the idea of these companies squirming as their profits sink.
I've been tempted to start a finance thread, not because I know that much, but because it would be really funny.The squeeze is finally hitting the US economy, or at least the corporate-consumer part of it. These greedy companies have been squeezing Americans for all they can since COVID and it seems like it's finally coming to a head.
McDonald's just posted losses. Across the fast food industry, value menus are making a roaring comeback.
I received a promotion from Discover a month-ish ago for a 2% interest rate to try to convince me to spend more. I just got an email from Synchrony (a card I took out 3 years ago to buy my PRS, paid off with my bonus 1 month later, then never used again) begging me to spend some money with some promotional financing. I now have 3 credit cards with 0-2% interest rates and I'm still keeping my wallet tight.
I just love the idea of these companies squirming as their profits sink.