Lowered adult age sees rise in young Japanese struggling with debt

https://english.kyodonews.net/news/2024/09/211dafa2f8a4-focus-lowered-adult-age-sees-rise-in-young-japanese-struggling-with-debt.html

4 Comments

  1. *Insert Simpsons Skinner meme*

    Is the worsening economy making people struggle?
    No, it’s the children that are wrong.

  2. Only_Witness1998 on

    What the fuck does this even mean. The age is higher now than it ever was. Japanese youth struggling with debt is from poor education

  3. leisure_suit_lorenzo on

    >_He got the card in the spring of 2022, right after turning 18. Despite not holding down a steady job, he went out socializing more often and also signed up for seven new smartphones that he intended to resell._

    >_After racking up debts of about 1.5 million yen ($10,500)…_

    lmfao.

    I see so many full time working foreigners on the jlife sub complaining that despite living here for years, they can’t get a credit card… yet a bank will give an 18 year old local kid with no job a credit card where he can build up a 1 million + yen debt and default on it.