this post was submitted on 15 Feb 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

  1. Please put at least one word relevant to the post in the post title.
  2. Be nice.
  3. No advertising, brand promotion or guerilla marketing.
  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

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[–] Toneswirly@lemmy.world 12 points 8 months ago

Yes, you are incentivized to stay in debt, because creditors want to know that you are both willing to take on debt AND pay it off. The sweet spot for them is someone who never really pays it off but still makes minimum payments while interest piles on. This is the system working as intended.