Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says
Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says
fortune.com Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says
"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
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Don't spend. That is what they want. Spending is just transferring the money into the pockets of the greedy.
7 0 ReplyA lot of younger people are maxing out credit cards and Buy Now Pay Later money lenders and then not paying it back.
4 0 ReplyYeah but that only works for about a month. Then they are toast.
1 0 ReplyNo no. You max everything out then go bankrupt. Like the big companies do.
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