> This "YOLO" attitude towards money bucks the spending trends of past economic downturns
The 5.1% annualized GDP growth rate last quarter also bucks the trends of past economic downturns.
If neither aggregate output nor consumer behavior are acting like a downturn, maybe the thing that should be surprising is the description that there is an "economic downturn".
The 5.1% annualized GDP growth rate last quarter also bucks the trends of past economic downturns.
If neither aggregate output nor consumer behavior are acting like a downturn, maybe the thing that should be surprising is the description that there is an "economic downturn".