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☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 8 months ago

96% of Americans are concerned about the current state of the economy and more than a quarter are doom spending to deal with the stress

www.cnbc.com

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96% of Americans are concerned about the current state of the economy and more than a quarter are doom spending to deal with the stress

www.cnbc.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to news@hexbear.netEnglish · 8 months ago
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Gen Z and millennials are increasingly ‘doom spending.' Here's what it is and how to stop it
www.cnbc.com
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'Doom spending' is taking off among young people, as life goals such as owning a home or starting a family feel increasingly out of reach.
  • Stolen_Stolen_Valor [any]@hexbear.net
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    8 months ago

    It’s happening because young people are chronically online and feel like they’re constantly receiving “bad news,” she said. “It makes them feel like Armageddon.”

    It’s not rocket science, when a carton of eggs is inexplicably $12 it’s pretty fucking easy to figure out I’ll never own anything.

    This is backwards logic. The real world creates the panic and the internet is a reflection of it.

    • BurgerPunk [he/him, comrade/them]@hexbear.net
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      8 months ago

      The world could end and libs are going to call it Vibe-ageddon or the Vibepocslypse and blame it on the damn millenials on Tiktok before acknowledging reality.

      • coeliacmccarthy [he/him, they/them]@hexbear.net
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        8 months ago

        the world is ending

      • SkingradGuard [he/him, comrade/them]@hexbear.net
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        8 months ago

        Actually they’ve already switched to blaming Gen Z lmao

    • rtstragedy [fae/faer, she/her]@hexbear.net
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      8 months ago

      The real world creates the panic and the internet is a reflection of it.

      someone needs to explain superstructure and base to journalists

      • miz [any, any]@hexbear.net
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        8 months ago

        • quarrk [he/him]@hexbear.net
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          8 months ago

          This needs to be canonized as an official emoji

    • Infamousblt [any]@hexbear.netM
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      8 months ago

      “People think the world is bad because of vibes, not material reality” is basically the one core talking point of neoliberalism, so I’m not surprised anytime any Western article about basically anything takes this line. Ignoring reality in favor of vibes based analysis is the core belief of neoliberalism.

      • UlyssesT@hexbear.net
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        6 months ago

        deleted by creator

        • Infamousblt [any]@hexbear.netM
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          8 months ago

          “A rising tide lifts all boats” smuglord

          • freagle@lemmygrad.ml
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            8 months ago

            Can’t afford a boat? Well, a rising tide lifts dead bodies just as well. Until they drown, that is

          • UlyssesT@hexbear.net
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            6 months ago

            deleted by creator

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      8 months ago

      Just another example of how liberals refuse to engage with the primacy of material reality.

    • UlyssesT@hexbear.net
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      deleted by creator

    • miz [any, any]@hexbear.net
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      8 months ago

      liberals continue to cling to the fantasy that ideas shape material reality more than material reality shapes ideas

    • Adkml [he/him]@hexbear.net
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      8 months ago

      “People think the economy is bad just because they can go on the internet and talk to other people and it turns out nobody has any fucking money except 20 billionaires.”

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