The most affluent consumers account for a bigger share of total US spending, reinforcing the lopsided dynamic of unbothered consumption for the wealthy and more cautious shopping for everyone else.
The most affluent consumers account for a bigger share of total US spending, reinforcing the lopsided dynamic of unbothered consumption for the wealthy and more cautious shopping for everyone else.
I feel that it’s been pretty well demonstrated that all capitalism is runaway. It may take decades, but it will run away, get out of control, and eat itself. It’s the nature of the beast.