“Tons of exciting business openings” did you forget covid happened? Everyone’s lifestyles drastically shifted? Then their savings shot up and for drained again within 2 years? Like of course there’s “tons of exciting businessss”, the world’s been really chaotic and people’s spending habits have probably changed more times since 2020 than they did from 2000 to 2020.
Also “exciting new businesses opening” is not a sign that things are going well, it’s a sign that businesses have collapsed and left vacant units for new wannabe small business tyrants to gamble their savings away on. Maybe it’s not as bad as a bunch of units being left vacant, but it’s inherently a sign of a churn of failure in those businesses as well.
To illustrate your point, young people are apparently “Doom Spending” because they think there’s basically no future worth saving for so max out those credit cards and yolo.
“Tons of exciting business openings” did you forget covid happened? Everyone’s lifestyles drastically shifted? Then their savings shot up and for drained again within 2 years? Like of course there’s “tons of exciting businessss”, the world’s been really chaotic and people’s spending habits have probably changed more times since 2020 than they did from 2000 to 2020.
Also “exciting new businesses opening” is not a sign that things are going well, it’s a sign that businesses have collapsed and left vacant units for new wannabe small business tyrants to gamble their savings away on. Maybe it’s not as bad as a bunch of units being left vacant, but it’s inherently a sign of a churn of failure in those businesses as well.
To illustrate your point, young people are apparently “Doom Spending” because they think there’s basically no future worth saving for so max out those credit cards and yolo.
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In My neighborhood I have had a half dozen dentist offices open up, I guess that totally offsets housing prices going up 50%
[Dentist waiting room]
Me: [chanting] teeth, teeth-
Other patients: teeth, TEETH
Secretary: [pounding her clipboard] TEETH, TEETH, TEETH!
Just wait until those turn into Cash4Teeth
3rd Reich and Switzerland had this scheme, but it was them who got the cash and the people providing teeth got death in exchange.