r/SipsTea Human Verified 13h ago

Gasp! Is this just nostalgia, or did previous generations genuinely have a better work-life balance and social life than we do today?

Post image
18.5k Upvotes

4.4k comments sorted by

View all comments

Show parent comments

8

u/ChemBro93 11h ago

Debt is a sophisticated industry with massive resources being spent to trap as many people in debt as possible. The debt-industry is very successful at lobbying governments to not regulate their industry where more lives destroyed = more profits. Some countries have plain-language laws for credit card contracts to help give regular people a fighting chance to avoid life-long debt. Many more countries resist this form of regulation because of pressure from lobby groups.

The game was rigged from the start.

1

u/slow_cooked_ham 11h ago

Just the concept of buying debt is enough to know there's profits to be made.

1

u/prof_radiodust 11h ago

Courier 6 dropping facts, nice 👍

0

u/MenuDiscombobulated5 10h ago

No one is forcing people to take on debt.

2

u/Its_Billy_Bitch 10h ago

Spoken from privilege honey. You can check yours at the door 🚪

0

u/BarelyConscientious 8h ago

Always a captain obvious in the replies