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> But a lot of folks are treating the existence of customer financing as damning per se. Yeah because it's gotten completely predatory. That is what people are
by mschuster91 23d ago
> But a lot of folks are treating the existence of customer financing as damning per se.
Yeah because it's gotten completely predatory. That is what people are getting ever more pissed off about - advertising, social media and gamification (have you seen the ads for Tiktok, Whatnot, Wish and whatever else goes with "live shopping" recently?) leads people to go way deeper into credit than they can afford.
- JumpCrisscross 23d ago> because it's gotten completely predatory That makes sense. It's still an emotional misplacement. Your and my relation with our consumer lenders has nothing to do with Nvidia's relationship with OpenAI, Anthropic and SpaceXAIwhateverthefuck.
- mschuster91 23d ago> Your and my relation with our consumer lenders has nothing to do with Nvidia's relationship with OpenAI, Anthropic and SpaceXAIwhateverthefuck. Yes, but your original comment said that Apple's financing "isn't circular financing in a problematic way". It might not be the classic way of "circular" financing but it is highly problematic. And I'd even go as far as to saying that, yes it is a form of circular financing, because Apple hands you money to spend that money on a product they make at much less cost than it costs you on paper and, that's the more important thing, serves as an entrypoint into their highly effective walled garden called App Store.