Re:Student Debt Payback Far Worse Than Believed
by velodrome on Thursday January 19, 2017 @05:45AM
(#13434719)
Agreed. The US is primarily consumption driven economy. This could lead to behavioral conditioning that could affect future growth (e.g. depression era, silent generation).
Those of the silent generation are what can be most accurately described as frugal spendors.
Again, this tendency is rooted in their surroundings as they grew and developed within the society around them that was facing hard and desperate times.
https://blog.dol.gov/2016/11/03/spending-habits-generation
https://medium.com/generations-of-spending/meager-spending-a...
Those of the silent generation are what can be most accurately described as frugal spendors.
Again, this tendency is rooted in their surroundings as they grew and developed within the society around them that was facing hard and desperate times.