Stop Spending - Hunker down for the Recession!
Panic spending= I'm broke spending=stupidity spending
People buy stuff they do not need. Use the tariffs as an opportunity to abandon that pathetic consumer driven life and save your money, you will be better off in long run.
We have postponed a big remodel even though our income is solid. To concerned about supply chain issues and cost of goods.
As an asian immigrant in America, we have been laughing at the stupid spending habits of most Americans for decades. Look, just follow what we asian Americans do. There is a reason why we went from the poorest to the wealthiest group so fast and making the American Dream look easy. 😅
Advice for rich people…
Consumer confidence is down? 98% of investors who have been invested 10+ years did not panic and sell. Just the big institutions/hedge fund managers. In 2024 there were over 50 all-time highs in the market so obviously the market needed a correction. China will fall in mind and the US will prosper.
@nioxa5421