I understand the importance of living frugally and within ones means. However, shit is hitting the fan for a lot of people and even those who are responsible are having to get creative.
Are we counting on "The Great Reset?" The biggest FU to the banks, go down with the ship? With interest rates at stupid numbers and a financial collapse every 10 years, what the actual fu*k?
Whats the endgame?
Most credit cards charge a rate over 20 % and some close to 30% if calculated on a monthly basis with their other fees. This would be called racketeering if it were not banks. Loan sharking for sure.