return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agoConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comexternal-linkmessage-square24fedilinkarrow-up1160arrow-down19cross-posted to: [email protected][email protected][email protected]
arrow-up1151arrow-down1external-linkConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 month agomessage-square24fedilinkcross-posted to: [email protected][email protected][email protected]
minus-squareAdalast@lemmy.worldlinkfedilinkarrow-up7·1 month agoDon’t spend. That is what they want. Spending is just transferring the money into the pockets of the greedy.
minus-squarereturn2ozma@lemmy.worldOPlinkfedilinkarrow-up4·1 month agoA lot of younger people are maxing out credit cards and Buy Now Pay Later money lenders and then not paying it back.
minus-squareLemmyKnowsBest@lemmy.worldlinkfedilinkarrow-up1·1 month agoYeah but that only works for about a month. Then they are toast.
minus-squareRandomgallinkfedilinkarrow-up2·1 month agoNo no. You max everything out then go bankrupt. Like the big companies do.
Don’t spend. That is what they want. Spending is just transferring the money into the pockets of the greedy.
A lot of younger people are maxing out credit cards and Buy Now Pay Later money lenders and then not paying it back.
Yeah but that only works for about a month. Then they are toast.
No no. You max everything out then go bankrupt. Like the big companies do.