Unscripted Virtual Hot Topics | The Credit Card Is Killing the Economy!
December 8, 2023
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In this Virtual Hot Topic Friday, Jared and Eric talk about “doom spending”: continuing to spend on travel, electronics, online orders, subscriptions, and everyday conveniences despite persistent warnings about the economy.
They consider how credit cards, Apple Pay, ride-share apps, and other frictionless payments can make purchases feel detached from the money being spent. They also contrast consumer behavior with years of recession and market-crash predictions.
The episode asks whether continued consumption is supporting the economy, putting more pressure on household finances, or doing some of both. As usual on Saviors of the Metaverse, the discussion moves between serious questions and loose observations rather than offering a single economic forecast.
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- Related episodes: WFH Is Not For Everyone! | Laundry as a Gateway to the Gig Economy
- This episode: “Virtual Hot Topics | The Credit Card Is Killing the Economy!” was produced by the team at KazCM
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