What do people think about the ability to lend money and for customers / businesses to pay off their debts in poor economic conditions? I am not an expert in economics but as money becomes tighter and interest rates and inflation rise i would have thought lenders will suffer. Here is an article commenting "Affirm (NASDAQ: AFRM) plunged 15.6% to hit an all-time low after the US BNPL player cancelled its debt offering in the wake of market volatility."
https://www.selfwealth.com.au/blog/markets-week-ahead-nasdaq-woes-deepen-just-as-the-fed-reserve-prepares-for-lift-off/
What do people think about the ability to lend money and for...
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