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News@lemmy.world · 7 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

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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

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News@lemmy.world · 7 months ago

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

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7 months ago
I knew someone would say this, which is why I also used Spain where the houses are as expensive, the pay is worse, and the tax is higher!

It doesn’t matter where you go in the West, the dream of liberalism is dead

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