## “Burrito-Supported Securities” Set Social Media Ablaze – Are You Serious?
A typical press release about a fresh method of paying for your meal has apparently evolved into a complete internet phenomenon.
Apparently, the financial community (or at least, the area of it that exists on X) is going crazy over what others are calling “burrito loans.” It all began as DoorDash, the food delivery behemoth, revealed a collaboration with Klarna, the “buy now, pay later” provider. You could now fund your late-night desires in four simple, interest-free payments.
While some users joked about requiring months to settle a $15 burrito, others elevated the concept to a new degree of ridiculousness.
Business writer Trung Phan channeled his inner “Big Short,” alluding to the moment where Steve Carell’s character understands the impending destruction of the subprime mortgage crisis and those notorious collateralized debt obligations (CDOs).
“The initial loans are guaranteed by burritos. Chicken. Carnitas. Asada. Whatever. However, Burrito CDO C is a synthetic Burrito CDO. A CDO of Burrito CDOs,” Phan joked in a satirical piece.
The comparison to “The Big Short” and the CDOs that triggered the global financial collapse didn’t end there. Individuals are making parallels to everything from “The White Lotus” to the knowledge of personal finance expert Dave Ramsey. Trump’s Proposal to Move Education Credits to SBA Raises Concerns
Ramsey himself even chimed in, perfectly summarizing the internet’s response to the notion of funding a burrito: total, utter astonishment.
