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Spending is at an all time high, but so is consumer debt. People are maxing out credit cards to live that tiktok life. This is all going to burst in an epic bubble. If you've got a good job and been saving a bit it'll be amazing. Terrible for most though.
COVID helped companies reorganize. The strong survived. Those that managed to be profitable during that time by quickly pivoting are likely making a mint right now. Helping to cover up the broader issues.
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