Debt-Saddled Consumers Embracing Even More “Doom Spending”

13 January 2024

In a disturbing (but unsurprising) trend, more than 1 out of 4 US consumers are throwing in the towel with defeatist “Doom Spending” sprees — despite already being saddled with crippling levels of debt. This behavior is akin to someone who, feeling overwhelmed, indulges excessively in a habit they know isn’t beneficial. In a similar vein, […]

The post Debt-Saddled Consumers Embracing Even More “Doom Spending” first appeared on SchiffGold.

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