Credit losses are rising as US consumers shift spending to basic needs and away from purchases that aren’t vital, according to Citigroup Inc. Chief Financial Officer Mark Mason.
We need better education for consumers. They should realize that the economy is better stimulated by spending investing their money in treats rather than waste it on low margin basic goods.
In my opinion the small government should decide where the money of the bottom 70% of households goes. That would teach them how to spend money responsibly
We need better education for consumers. They should realize that the economy is better stimulated by
spendinginvesting their money in treats rather than waste it on low margin basic goods.In my opinion the small government should decide where the money of the bottom 70% of households goes. That would teach them how to spend money responsibly