The Next Economic Crisis Is Already Here - This Is NOT Normal

The Next Economic Crisis Is Already Here - This Is NOT Normal

July 15, 2025

U.S. DOLLAR COLLAPSE - FOLLOW THE MONEY

World Affairs In Context

Buy Now, Pay Later (BNPL) services are rapidly expanding in the U.S., including for everyday purchases like groceries and food. This trend reflects growing consumer demand for flexible payment options amid inflation and economic uncertainty. Here’s what’s driving the growth and how it works:

Why BNPL for Food is Growing in the U.S.

1. Rising Food Costs

Inflation has pushed grocery and dining prices up, making BNPL an attractive way to split payments.

Consumers use BNPL to manage budgets without cutting back on essentials.

2. Convenience & Flexibility

BNPL apps (like Klarna, Afterpay, Affirm, Zip) allow small purchases (even under $50) to be split into 4 interest-free payments.

No credit check (in most cases) makes it accessible to younger or credit-constrained shoppers.

3. Expansion of BNPL at Grocery & Fast Food Chains

Walmart, Kroger, DoorDash, Uber Eats, and even some fast-food chains now offer BNPL at checkout.

Some restaurants (via apps like Sezzle) allow diners to split meal payments.

4. Fintech & Retail Partnerships

Payment processors (e.g., Square, Stripe) integrate BNPL options directly into POS systems.

Apps like Instacart and Shipt are testing BNPL for grocery deliveries.

5. Gen Z & Millennial Adoption

Younger consumers prefer BNPL over credit cards to avoid debt and late fees.

Potential Risks & Concerns

Overspending: Easy credit could lead to financial strain if not managed.

Late Fees: While interest-free, missing payments can incur fees (e.g., $7–$10 per missed installment).

Credit Impact: Some BNPL providers now report to credit bureaus (e.g., Affirm).

Outlook

BNPL for food is expected to keep growing as more retailers adopt it and consumers seek budget-friendly options. However, regulators (like the CFPB) are scrutinizing the industry for potential consumer risks.

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Original: https://youtu.be/PHk4lF96HfM

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