Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy

return2ozma@lemmy.world to News@lemmy.world – 161 points –
Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy
apnews.com
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Huh I keep hearing the economy is actually doing well. I guess it's just the people in the economy that are suffering.

Basically. However there are signs that is starting to recover like places lowering their prices. Home Depot has their best Memorial Day pricing I’ve seen in years.

Are the prices actually coming down? Or are they shrinking the products or selling inferior goods?

General question, not just for home depot

That is a good question. Hadn’t noticed any obvious shrinkflation yet but I wouldn’t doubt it. Anything is possible these days.