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A Tough Break (EP.278)

Animal Spirits Podcast

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Are Your Tight Tight Shirts Getting Tighter?

The buy now paylators with rates this high. How do they all make it on their own? I don't see how they all survive. It was a great business model for 0% interest rate world, not 5% to 7%. Palatine has had six straight quarterly losses culminating in a $1.2 billion loss in the recent quarter. This was an eight and a half billion dollar company at the end of 2019 before the pandemic boost. Now they're below three. Do you think it honestly just goes out of business or?

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