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News@lemmy.world · 5 months ago

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

cross-posted to:
usa@lemmy.ml

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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

return2ozma@lemmy.world to

News@lemmy.world · 5 months ago

cross-posted to:
usa@lemmy.ml

"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."

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5 months ago
Pretty fun stuff I mean I wonder where it is going. Will there be some kind of collapse crisis or smh

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