On social media such as TikTok, young adults unabashedly compare which of them has the largest deficit in their account. But a few hundred euros can quickly become a thousand if you ignore the installment payments. And then a downward spiral begins that ends with the debt advisors. The experts classify the trend as dangerous.
“I’m cool because I’m in debt.” This thought apparently haunts the minds of thousands of young people. The #klarna Debt Challenge has been circulating on the TikTok video platform for quite some time. Videos with this description have already been viewed 68.1 million times. In it, young people describe – often with pride – how much debt they have already accrued.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
