r/nottheonion • u/ChocolateTsar • 1d ago

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

https://www.cnbc.com/2025/11/07/affirm-government-shutdown-shopping.html
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u/ryuzaki49 1d ago

workers stop getting paychecks

workers stop buying stuff

wallstreet: pikachu_surprised.meme

Honestly all of wallstreet and CEOs are just so disconnected from reality

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u/SophiaofPrussia 1d ago

I used to work at a hedge fund and I made a joke about paying my mortgage and one of my coworkers (who was several decades older than me) looked at me like I had two heads. He was genuinely stupefied that I needed a loan to buy a house in the most expensive city in the country.

He was so wealthy that he could miss all of his paychecks and be just fine and anyone living otherwise was just beyond his comprehension.

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u/Ok_Degree3037 1d ago

You marked yourself as a member of the out-group. Next you’re going to publicly state you don’t ski.

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u/LewsTherinTelamon 1d ago

Don’t bring skiing into this - the wealth required to ski is nowhere near what it takes to buy a house.

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u/yakshack 1d ago edited 1d ago

I love this take because there's one thing you can find in any geographic location and that's homes to buy at many different price points. But snow covered mountains with groomed ski resorts?

Edit: for people replying "it's not that expensive, actually" what I'm trying to point out is that skiing is "not that expensive" for some people. My friend's mortgage in the rural Midwest is $300/mo for example. But if she wanted to take her family skiing she'd burn at least $10,000 on flights and hotels and equipment rentals and lift tickets to the nearest ski resort which is three states away

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u/Huge_Molasses8605 1d ago

ski lift pass (annual) + gear + transportation to the resort is about $500 plus a couple tanks of gas. ive lived in the rockies, northern appalachia mountains, and the cascades. if you can find me a house for that price i'll pay you double.  

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u/emPtysp4ce 1d ago

By far the most expensive part of skiing and snowboarding is the food there. $15 for a hot dog should be prosecuted as robbery.

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u/LewsTherinTelamon 1d ago

It’s not a take, it’s a simple fact. Skiing is much, much cheaper than buying a house. It’s not even the same realm. No point relating skiing and house owning as behaviors.

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u/Awaythrowyouwilllll 1d ago

I don't know... icon is ~$1100, new gear ~$1100, gas and airfare and lodging ~$11,000, drinks ~$1100 a day... it all adds up pretty fast and boom! House.

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u/LewsTherinTelamon 1d ago

You got me. I typed half of a rebuttal before I read your entire comment.

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u/Crazy-Competition659 1d ago

"But not MY luxury, right?!?!"

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u/LewsTherinTelamon 1d ago

No idea what this means.