The Gen Z ‘Underconsumption’ Trend: The Canary in the Coal Mine?

TIL being poor is a trend.

"Consumption is down - quick, raise prices to make up for the loss!"

Since there's no ethical consumption under capitalism, the most ethical thing you can do is consume as little as possible. At least that's what I try to do.

But stagnating wages combined inflation make that a necessity for many instead of a choice, I guess.

I can only assume they’ve chosen to frugally, responsibly invest in capital markets and HODL so line go up 😐

The rich will just insist on higher immigration levels in order to bolster demand.

See: Canada.

These fuckers really want a recession to happen, like we haven't been economically depressed for the last 3 years

Thanks now I don't feel so old.