More than two-thirds of 18 to 34-year-old Americans spend four or more hours a day glued to their phones. Research has shown that they're put off if there are only a few ways to pay. According to a McKinsey survey from October 2022, nine in 10 Gen Z and millennial Europeans had changed how they shopped,. They're buying the kinds of things that older generations consider optional discretionary spends.
The country remains riven by unrest since the “self-coup” and subsequent arrest of its president in December; only an early election might bring a return to calm. Our correspondent goes shopping to discover the spending habits of Generation Z and millennials. And examining the work of Tom Lehrer, a mathematician who was an unlikely midwife at the birth of modern satire.
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