view the rest of the comments
News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
it's more a necessary of modern day life, with an economy designed around squeezing every penny out of people, there's nothing left over for savings, there's nothing left over for that weird sound your car started making, or even just a moment of happiness from a new TV purchase or a holiday or whatever.
It's really disingenuous to blame it on the personal responsibility aspect.
That’s fair - I more mean as an establishment, but I guess I do have some victim bias in the back of my mind. I guess we’ve locked into a vicious cycle where it started back out where credit wasn’t bad, so creditors started charging more and the cycle continued until credit is almost necessary, but is a strangle because the snake wasn’t seen until it was already constricting us.
I will blame the consumer culture of the US (and the banking industry and media that promotes it; I can't speak to other countries). They have made always having a balance on one's credit cards the norm. I'm teaching my kids that credit cards are short term loans with usurous interest rates, that you should never borrow more than you can pay back within the month, and that you should never carry a balance. I had to teach a friend in his 30s that you shouldn't carry a balance - he thought he needed one in order to maintain or improve his credit score. I'm sure he didn't make up that misinformation- someone in SM surely promoted that idea. ETA: Fixed a typo that changed the meaning of a sentence.
It's not the consumers' fault that between staggeringly high rent, staggeringly low wages, and massive inflation, there isn't space to save for your car suddenly developing a fault.
As I told the other person, blaming personal responsibility here is silly given the last decade.