[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 532 KB, 1280x600, Consume.png [View same] [iqdb] [saucenao] [google]
52911287 No.52911287 [Reply] [Original]

People are buying new phone/electronics every year.
People are paying subscriptions services every month.
People are buying new clothes every week.
People are paying overprice processed foods every day.

Have we reach the peak of consumerism? This is not sustainable isn't? Where do we go from this? Discuss.

>> No.52911613
File: 52 KB, 540x494, 1577081723339.jpg [View same] [iqdb] [saucenao] [google]
52911613

>>52911287
we need to simply let banks and all intermediaries in the shadow banking system fail and then go back to a crypto based version of the wildcat banking era

>> No.52911641

>>52911287
>Where do we go from this?
Cbdc's and UBI + goverment stimulus.

>> No.52911669

This is literally just the beginning. A divide will grow between the consumeristic temporary vs the cryprographic permenent. fiat users will be forced to continue this consumerism of temporary shit each year, while btc holders will only buy that which has comparable longevity to btc itself - high quality

>> No.52911711
File: 650 KB, 1370x1496, 1659293979965.png [View same] [iqdb] [saucenao] [google]
52911711

>>52911287

>> No.52911730

>>52911287
"buying"
people literally rent clothes.
the electronics are on credit, even small things like AirPods which are 150 bucks.

>> No.52911764

>>52911669
Sounds scary

>> No.52912901

>>52911641
How long we would rely on the government? The money printer can't keep printing.

>>52911730
I'm just oversimplifying it. People in my country (especially gen z and millenial) are literally buying clothes with credit/paylater.

>> No.52913514

>>52911287
Yeah and they still live with their boomer/gen x parents thus have money for luxury bullshit. invest in this shit now and pull out right about 2030.

>> No.52914399

>>52911287
Long WMT, MCD, PEP, and AAPL. Let them consume as much as they like.

>> No.52914419
File: 892 KB, 985x1033, 5zh5ehzu5e6rtju.png [View same] [iqdb] [saucenao] [google]
52914419

>>52911287
>People are buying new phone/electronics every year.
>People are paying subscriptions services every month.
>People are buying new clothes every week.
>People are paying overprice processed foods every day.
>Have we reach the peak of consumerism? This is not sustainable isn't? Where do we go from this? Discuss.