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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says (www.nbcnews.com)

submitted 2 days ago by [email protected] to c/[email protected]

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[–] [email protected] 13 points 2 days ago* (last edited 2 days ago) (1 children)

Lol it's true

https://en.wikipedia.org/wiki/Safeway

The point of the Safeway name was that the grocery operated exclusively on a cash-and-carry basis – it did not offer credit to customers, as American grocers traditionally had done. It was the "safe way" to buy food because a family could not get into debt via its grocery bill (as many families did at the time, a contributing cause of the Great Depression in the United States). Thus, the original slogan was: "Drive the Safeway. Buy the Safeway".

get into debt via its grocery bill (as many families did at the time, a contributing cause of the Great Depression in the United States).

Oh boy here we go guys, Great Depression 2: electric billaloo!

[–] [email protected] 6 points 1 day ago (1 children)

It's going to be worse this time. Like Germany after WWI.

[–] [email protected] 1 points 1 day ago

I've been calling it the Greater Depression for years. And now here we go...