Pricefield | Lemmy
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆M to United States | News & [email protected]English • 1 year ago

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

external-link
message-square
12
fedilink
  • cross-posted to:
  • [email protected]
  • [email protected]
34
external-link

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

☆ Yσɠƚԋσʂ ☆M to United States | News & [email protected]English • 1 year ago
message-square
12
fedilink
  • cross-posted to:
  • [email protected]
  • [email protected]
"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
  • davel [he/him]
    link
    fedilink
    English
    7•1 year ago

    If I were in the average millennials’ or gen-zs’ shoes, I might be spending it on drugs.

    • https://en.wikipedia.org/wiki/Disease_of_despair
    • https://en.wikipedia.org/wiki/Social_murder
    • Assian_Candor [comrade/them]
      link
      fedilink
      English
      3•1 year ago

      OD stats would suggest you’re not alone in this idea

United States | News & [email protected]

[email protected]
Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
  • 61 users / day
  • 163 users / week
  • 519 users / month
  • 2.02K users / 6 months
  • 2 subscribers
  • 7.33K Posts
  • 40.9K Comments
  • Modlog
  • mods:
  • @[email protected]
  • ☆ Yσɠƚԋσʂ ☆
  • UI: 0.18.4
  • BE: 0.18.2
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org