News: Big Brands Now Saying The American Consumer Is In Trouble
Rebel Capitalist News
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Analyzing Indicators of Financial Trouble for American Consumers
The chapter delves into various indicators signaling potential economic challenges for American consumers, such as a looming recession, job loss impacting buying ability, spikes in credit card delinquencies, and the popularization of Buy Now Pay Later services. It emphasizes the risks of excessive reliance on credit and the Buy Now Pay Later trend, cautioning about the unsustainable consequences on the economy.
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