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News@lemmy.world · 10 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

return2ozma@lemmy.world to

News@lemmy.world · 10 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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10 months ago
I’ve got the version where Jesus tells rich people to give away all their belongings or they can’t get into heaven. Hope this helps.
- SatansMaggotyCumFart@lemmy.world
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  10 months ago
  Oh that’s the quote about threading a camel through an eye of a needle, right?

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