@[email protected] to A Boring [email protected] • 6 months 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-square24arrow-up1160arrow-down19cross-posted to: [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.com@[email protected] to A Boring [email protected] • 6 months agomessage-square24cross-posted to: [email protected]
minus-square@[email protected]OPlinkfedilink4•6 months agoA lot of younger people are maxing out credit cards and Buy Now Pay Later money lenders and then not paying it back.
minus-square@[email protected]linkfedilink1•6 months agoYeah but that only works for about a month. Then they are toast.
minus-square@[email protected]linkfedilink2•6 months agoNo no. You max everything out then go bankrupt. Like the big companies do.
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.