Debt-Saddled Consumers Embracing Even More “Doom Spending”
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Debt-Saddled Consumers Embracing Even More “Doom Spending”

by Peter Schiff‚ Schiff Gold: In a disturbing (but unsurprising) trend‚ more than 1 out of 4 US consumers are throwing in the towel with defeatist “Doom Spending” sprees — despite already being saddled with crippling levels of debt. This behavior is akin to someone who‚ feeling overwhelmed‚ indulges excessively in a habit they know isn’t beneficial. […]