Would the economy collapse if people stopped spending money on useless shit?
Posted by:
Consumerism rots
()
Date: January 27, 2019 02:10PM
I see commercials every day peddling stupid shit no one really needs or are awful things to invest money in. Apple watches, new cars, robot vacuum cleaners, refrigerators with wifi. All of it useless and will become obsolete in a few short months. I live in an upscale community in McLean and could purchase said goods if I wanted to, but don’t because I understand the concept of depreciation and I hate clutter. I tell all my neighbors to avoid such things, but many push back, saying they need that new MKZ because Bob Jones down the street has one too. Some even claim that’s what keeps the economy humming along. But is it??