Bankruptcy, IVA, DRP ... this is how it all begins. AEON AMEX credit card has just launched a promotion with prints and TVC saying that you can live a luxury life with 0% interest. Would it really be so "jetso" ? The fact is that financial institutions make profit by lending money and gaining interest. They just can't give you interest-free loans forever. This is how they hook consumers up and hope that consumers will turn the spendings into loans with interest one day. Dream home, dream holiday, dream car, dream lifestyle ... all banks and financial institutions are encouraging consumers to spend their monies that they haven't earned yet. They are all pushing consumerism one way or another.
Bankruptcy, IVA, DRP ... this is how it all begins. AEON AMEX credit card has just launched a promotion with prints and TVC saying that you can live a luxury life with 0% interest. Would it really be so "jetso" ? The fact is that financial institutions make profit by lending money and gaining interest. They just can't give you interest-free loans forever. This is how they hook consumers up and hope that consumers will turn the spendings into loans with interest one day. Dream home, dream holiday, dream car, dream lifestyle ... all banks and financial institutions are encouraging consumers to spend their monies that they haven't earned yet. They are all pushing consumerism one way or another.
Comments