return2ozma@lemmy.world to News@lemmy.world · 2 months 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-square64fedilinkarrow-up1278arrow-down115
arrow-up1263arrow-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.comreturn2ozma@lemmy.world to News@lemmy.world · 2 months agomessage-square64fedilink
minus-squarelagomorphlecture@lemm.eelinkfedilinkarrow-up21arrow-down1·2 months agoThe headline reads like big retail trying to squeeze more profits. Of course people aren’t saving as much, they have to buy groceries.
minus-squareNightAuthor@lemmy.worldlinkfedilinkEnglisharrow-up5·2 months agoNo, but even for those of us with some extra money… we’re not building a savings pile for a house or anything… we’re just spending the extra on doing things and buying stuff beyond our needs.
The headline reads like big retail trying to squeeze more profits. Of course people aren’t saving as much, they have to buy groceries.
No, but even for those of us with some extra money… we’re not building a savings pile for a house or anything… we’re just spending the extra on doing things and buying stuff beyond our needs.