return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 2 years 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-up1161cross-posted to: usa@lemmy.mlnews@lemmy.world
arrow-up1161external-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 · 2 years agomessage-square24fedilinkcross-posted to: usa@lemmy.mlnews@lemmy.world
minus-squareAdalast@lemmy.worldlinkfedilinkarrow-up7·2 years agoDon’t spend. That is what they want. Spending is just transferring the money into the pockets of the greedy.
minus-squarereturn2ozma@lemmy.worldOPlinkfedilinkarrow-up4·2 years 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-up1·2 years agoYeah but that only works for about a month. Then they are toast.
minus-squareRandomgal@lemmy.calinkfedilinkarrow-up2·2 years 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.