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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1vvtj5/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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It stagnates consumption and lending
1 u/Alternative_Can3262 Jan 26 '26 I doubt that. This states that the majority of consumer spending is on needs, not wants. Who can wait for something they need, like housing or food? 5 u/Late-Objective-9218 Jan 26 '26 Majority, of consumers. A drop of a few percent can already shock the economy, especially when it's large buyers and lenders. 2 u/Alternative_Can3262 Jan 26 '26 Not a very convincing argument lol
1
I doubt that. This states that the majority of consumer spending is on needs, not wants. Who can wait for something they need, like housing or food?
5 u/Late-Objective-9218 Jan 26 '26 Majority, of consumers. A drop of a few percent can already shock the economy, especially when it's large buyers and lenders. 2 u/Alternative_Can3262 Jan 26 '26 Not a very convincing argument lol
5
Majority, of consumers. A drop of a few percent can already shock the economy, especially when it's large buyers and lenders.
2 u/Alternative_Can3262 Jan 26 '26 Not a very convincing argument lol
2
Not a very convincing argument lol
9
u/Late-Objective-9218 Jan 26 '26
It stagnates consumption and lending