memesearch
Collateralized Music Festival Loans

Collateralized Music Festival Loans

Download Find similar pictures
Text on the meme
"They're called collateralized music festival loan obligations... and they're awesome" 60% of general admission ticket buyers at Coachella used Buy-Now-Pay-Later to finance their tickets, per Billboard.
What it means

A fake social-media post jokes that festival tickets financed through Buy-Now-Pay-Later are being repackaged as complex financial products, parodying the jargon of the 2008 financial crisis. The serious-looking men’s reactions make the absurd comparison funny, so the meme is used to mock overpriced festivals, consumer debt, and financialization. EN: A fake social-media post jokes that festival tickets financed through Buy-Now-Pay-Later are being repackaged as complex financial products, parodying the jargon of the 2008 financial crisis. The serious-looking men’s reactions make the absurd comparison funny, so the meme is used to mock overpriced festivals, consumer debt, and financialization.

Objects
Tags
Source
Type
image
Size
429×401 · 32.5 KiB
Mood
саркастичный, абсурдный
Language
en
Added