this post was submitted on 26 Oct 2024
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Not the Onion

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$1.80 dinners and budget clothes? The spread of frugality is hurting China's economy (www.latimes.com)
submitted 1 month ago by [email protected] to c/[email protected]
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cross-posted from: https://lemm.ee/post/45792214

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[–] [email protected] 2 points 1 month ago

This is an old story, except for the LA Times. The guy on Money and Macro explains the situation better in this vid: https://www.youtube.com/watch?v=7bOSWQttmvU