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 - eviltoast
"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
  • djsoren19@yiffit.net
    17·
    6 months ago

    Yeah, I hate this American-centric idea of “Oh, only my country is experiencing this totally unique problem, I’ll just go somewhere else.”

    As if late-stage global capitalism would somehow be a problem that is unique to a single country.

    • Semi-Hemi-Lemmygod@lemmy.worldEnglish
      2·
      6 months ago

      The fediverse is a lot more multinational than That Other Site, and I’m seeing the same sort of articles from all over the place.

    • pantyhosewimp@lemmynsfw.com
      2·
      6 months ago

      Yep.

      The theatre is closed. There is no place else to go.

      And by “theatre” we mean the theatre of conflict not the cinema.

      It is time to stand and fight.