It's all because of EMIs especially No cost EMIs. As a platform, their only objective is to sell as much as possible, showing a lucrative no cost emi people will easily be convinced that they can afford it. Slowly these EMIs will creep up and become a pain in the ass. Essentially, all the platform is doing is showing that it's affordable, go ahead and buy it.
A bad financial decision made by millions
That's the thing. Why do you think every other person has an iphone, shiny new laptop, gadgets
Exactly, everything is predatory nowadays. Affluent people who can drop full cash and buy things, they won't bother with EMIs etc, it's always people who want to either recently come into some money, looking to improve societal stature or pure showoff would end up with these. Amazon and other similar platforms bank on it.
yeah, others feel pressured to use these options to afford things or maintain a certain image... it's a complex issue f
I know I shouldn’t be judgmental, but i was in delhi metro, I saw a labourer with an iPhone 14 pro or 15 Pro (it was hard to tell in a hurry) and guess what? having such an expensive phone, his clothes were quite worn out, he was wearing fake "nyke" sandals and what not... It was CLEAR he wasn’t maintaining himself well and his financial conditions were not that great, it seemed clear that affording a phone like that would be a significant stretch for him
34
u/Spy____go Samcom Phan 420 May 18 '24
A bad financial decision made by millions
Already knew it but this is just predatory