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."
  • Wes4Humanity@lemm.ee
    8·
    6 months ago

    They’ve already taken every dime we’ll make, plus every dime our children and grandchildren will make… That’s what the trillions of dollars in debt is.