Debt: What It Is, How It Works, Types, and Ways to Pay Back
Debt: What It Is, How It Works, Types, and Ways to Pay Back
7 months ago
investopedia.com
Debt used to be a source of shame, but marketers flipped the script. From Singer Sewing Machine’s installment plans in the 1850s to GMAC’s auto financing in the 1920s, debt became framed as ‘opportunity.’ American Express made it exclusive, MasterCard made it aspirational, and today we’re buying now, paying later with ease. The real shift? They didn’t sell debt—they sold convenience, status, and the promise of a better future. So, next time you’re selling something tough, remember: it’s all abou
1:30
Debt used to be a source of shame, but marketers flipped the script. F…
18.6K views10 months ago
FacebookSanjay Arora
The Debt Machine
The Debt Machine
May 5, 2024
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