Daily Price Movement / General Discussion, page-45889

I agree with some of what your saying for sure. Tougher economic times ahead sure.

Also most people could see tech stocks were overvalued, now many are paying the price and hundreds of stocks are oversold. But it is cyclical not company ending as you are asking people to believe. SP going well down does not end a company.

In the future with tougher economic times people will want and need smaller easy credit like BNPL, unfortunately debt will increase. You are kidding if you think small credit will die out. Bigger risk is large home loans - people will have to sell out of their homes.

People in general will always just cycle through and keep revolving their small credit lines like bnpl.

Same as why credit cards have never died off even with a 12 to 21% Interest rate. If your theory was correct and people could not afford the debt In tough financial times then they would not be able to afford a credit card through the last major corrections and hard financial times (ie. 2008), but the credit cards are still here in society and still being swiped, so too will bnpl.