The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on July 31, 2025, 03:18:24 PM

Title: Not spending is trending - Fast Company
Post by: rcjordan on July 31, 2025, 03:18:24 PM
The title says it all. Confirmed by my feeds (& actions).
https://www.fastcompany.com/91377108/not-spending-is-trending
Title: Re: Not spending is trending - Fast Company
Post by: buckworks on August 01, 2025, 03:18:25 AM
A factor not mentioned in the article that I'm seeing on social media is people who are rethinking their spending because they want to boycott billionaires. They're deeply troubled by many current events and they consider that spending less except for the strictest necessities is one way to protest and fight back.
Title: Re: Not spending is trending - Fast Company
Post by: rcjordan on August 01, 2025, 02:29:44 PM
>rethinking their spending

also because of tariffs starting to have impact.

EX: A spool of a cheap-but-excellent 3d filament went from $12 to $16.
Title: Re: Not spending is trending - Fast Company
Post by: ergophobe on August 01, 2025, 08:49:58 PM
I went shopping the other day for the first time in a long time. I noticed quite a few empty shelves. Maybe it was the timing, but it had a slight whiff of the pandemic days.

BTW, the macro economic models cluster around the tariffs taking 0.5% off growth in the US, so it's not like we would expect to see stock brokers jumping from windows or people hoarding toilet paper. But that amount off growth is the equivalent of every household taking $1000 and burning it in their yard rather than going out and buying stuff with it.

Strangely, though, we are seeing rental bookings for 2026 at a rate that we have never seen so far in advance. June bookings right now look the way I expect at the end of January. I got caught by surprise and didn't raise my rates fast enough ;-)
Title: Re: Not spending is trending - Fast Company
Post by: rcjordan on August 01, 2025, 09:10:38 PM
> never seen so far in advance

They want to see your NP before it's sold? (halfhearted hhh)

There seems to be a fairly large maybe-nature-can-help movement nowadays --driven by the current state of US politics.




Title: Re: Not spending is trending - Fast Company
Post by: ergophobe on August 01, 2025, 10:50:37 PM
>> They want to see your NP before it's sold?

My best theory is that they deferred their trip from this summer to see whether the system collapsed or not and, since it so far hasn't, they're booking for next summer