Tag: Consumption
The US economy is reliant on consumer spending – can it survive a pandemic?
From the Wire August 13, 2020
The U.S. spends the most money on advertising in the world. Marketing and advertising spending in 2020 is projected to reach nearly $390 billion. Photo by Deon Fosu for Unsplash by Halina Szejnwald Brown, Clark University…
Desperately seeking toilet paper, pasta or hand sanitiser? Some relief is just weeks away
From the Wire March 18, 2020
It is easy to see how this dynamic becomes a self-fulfilling prophecy: shelves are emptied simply because people predict they will be empty sooner rather than later. A supermarket in south London, March 15 2020. Facundo…
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