@[email protected]cake to A Boring [email protected] • 1 month 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-up1162arrow-down110cross-posted to: [email protected][email protected][email protected]
arrow-up1152arrow-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]cake to A Boring [email protected] • 1 month agomessage-square24fedilinkcross-posted to: [email protected][email protected][email protected]
minus-square@[email protected]cakeOPlinkfedilink4•1 month 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]linkfedilink2•1 month agoYeah but that only works for about a month. Then they are toast.
minus-square@[email protected]linkfedilink2•1 month 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.