Young people living a lavish lifestyle on credit card debt | 60 Minutes Australia
5 months ago
637
Gen Y
Gen Z
Credit Card Debt
Interest Rates
Inflation
Deflation
Recession
Depression
Global Collapse
Globalist Crime Syndicate
Controlled Demolition
Back in 2008, the global economy was in meltdown and the financial markets were in chaos. Basically, greed, dodgy loans and bad debt were to blame. So you'd think people were a bit cautious with their credit cards. Some may be, but not the kids they call Generation Y. They're young, reckless, and they've racked up an astonishing $60 billion of debt. New cars, new clothes, new toys, no problem. Just whack it on the card. These kids had never known tough economic times, so they think they were invincible but they're in for the shock of their lives.
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14:36
HMCB83
1 year agoYoung people living a lavish lifestyle on credit card debt
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