'Underconsumption core' trend may lead to economic slowdown

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  • čas přidán 10. 09. 2024
  • As inflation increases, younger American consumers are looking for deals and buying less, potentially triggering an economic slowdown. NBC News Vicky Nguyen reports on the latest trend, "underconsumption core," which glamorizes a frugal lifestyle.
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    #consumption #economy #influencers

Komentáře • 1K

  • @gangstaberry2496
    @gangstaberry2496 Před 28 dny +1639

    Is this a joke??? Stop blaming consumers for the recession!!! No one is falling for this, and it's been years!!

    • @M_SC
      @M_SC Před 27 dny

      Capitalist propaganda has taken over their minds

    • @hyronharrison8127
      @hyronharrison8127 Před 23 dny +54

      Underconsumption core? Not the fact that corporate profits risen in orders of magnitude while employee pay has barely, barely inched forward over the past few decades? Kk. And us not spending every penny we dont have is causing economic slowdown...
      I swear they're trying dumb-ss excuses on us to see what sticks at this point...

    • @annmarieknapp
      @annmarieknapp Před 17 dny +27

      To me this story sounds like an inside job of corporations trying to frighten us into buying useless crap we don't need. To me it's just smart to hold off on wasteful spending. I drive a 15 year-old car and though it would be nice to drive a newer vehicle, I'm happier with a paid off car. Keeping up with the Joneses is what got us into this mess.

    • @gangstaberry2496
      @gangstaberry2496 Před 11 dny +3

      @@annmarieknapp I'm happy to hear you got to pay off your car 🙌 congrats to you

  • @MoonDog991
    @MoonDog991 Před 29 dny +3300

    When people can't afford to spend, they don't. Shocker.

    • @WELVAS.
      @WELVAS. Před 29 dny +76

      Or they genuinely are just trying to not consume so much. I was guilty of overspending during covid(like 9k on clothes and other goods) but now got sold most of it and really evaluated what I needed. I get only what I need and it helps keep my apartment from being cluttered and messy. I can afford to buy a lot more but not doing so is saving me a lot of money. In the end these material things really don't provide much value like the bare essentials. Less consumption is better for the wallet and environment.

    • @richardjestrada297
      @richardjestrada297 Před 29 dny +4

      😂😂

    • @cynthiabromback8854
      @cynthiabromback8854 Před 28 dny +42

      What's cool is when you have money but you realize you've been duped into overspending.

    • @alwaysyouramanda
      @alwaysyouramanda Před 28 dny +8

      🤭 some of us grew up so poor we count have a locker at school for our books or even PE clothes (they’re new poor, see. We’re old poor.)

    • @kyleroen4341
      @kyleroen4341 Před 28 dny +2

      No money no problem here's a credit card🎉

  • @jamesmartin1895
    @jamesmartin1895 Před 29 dny +1996

    don’t buy = it will bring prices down

    • @imagrownassman1
      @imagrownassman1 Před 29 dny

      And yet another excuse for companies to lower quality

    • @AlamoOriginal
      @AlamoOriginal Před 28 dny +39

      Amen

    • @smorris281
      @smorris281 Před 28 dny +59

      Basic economics from high school.

    • @davelassiter392
      @davelassiter392 Před 28 dny +25

      It will also bring down wages and other people’s jobs.

    • @NFF-NineFoxFoundation
      @NFF-NineFoxFoundation Před 28 dny

      @@davelassiter392How about we set maximum profits up for company’s and force them to spend their earnings on their employees?

  • @Punisher2all
    @Punisher2all Před 29 dny +1108

    Finally! Let this movement grow! Don't let people's judgment wear you down! If you can reuse, go for it! Don't let judgy eyes spook you!

    • @benedwards3427
      @benedwards3427 Před 25 dny +15

      This is NOT new. Welcome to adulthood everyone! Minimalistic living was the last rebrand.

    • @cambocontent6732
      @cambocontent6732 Před 24 dny +19

      Even if I had money, I would choose to live like this. It’s nice having less junk, you actually have open space and it actually is cleaner and more sustainable.

    • @mauriciov2450
      @mauriciov2450 Před 23 dny +7

      What movement. Are you lot just discovering "living within your means"?

    • @sarahrean7174
      @sarahrean7174 Před 18 dny +1

      😅😅

    • @Somebboddyy
      @Somebboddyy Před 15 dny

      @@cambocontent6732cleanliness is beautiful and liberating

  • @3v3y
    @3v3y Před 29 dny +1924

    Overconsumption is horrible for the environment it’s truly disgusting and should be shamed

    • @Centerpieceofmind
      @Centerpieceofmind Před 28 dny +14

      Thank you, Captain Obvious....

    • @toolwithintention
      @toolwithintention Před 28 dny +7

      Wait till you find out about China

    • @korlu01
      @korlu01 Před 28 dny +11

      I like the spirit of embracing a minimalist lifestyle and I agree Americans are gluttonous but we are a consumer economy. More consumption means more prosperity

    • @OO-tb4ou
      @OO-tb4ou Před 28 dny +22

      ​@@toolwithintentionwe created modern China.

    • @nodata4662
      @nodata4662 Před 28 dny

      @@korlu01 Economics would disagree. More consumption leads to inflation but also higher stock prices. So unless you have a large vestment in the stock market, it's actually not good for the average American who does not own stock. If we commit to reducing consumption, sure the "numbers" of our economy would take a hit like GDP and CPI, but that's not an actual measure of people's happiness and well-being. There's nothing prosperous about buying crap we don't need to end up as garbage polluting our planet.

  • @MyCamilla1989
    @MyCamilla1989 Před 28 dny +693

    A) Citizen spends money.
    Establishment: Of course you cannot afford to buy a house or to retire. You keep spending money.
    B) Citizen doesn't spend money.
    Establishment: No, no, no, not like that! You're going to ruin us!!!!

    • @erinc9672
      @erinc9672 Před 24 dny +14

      Hahahaahaha! Well put!

    • @queenofpents3442
      @queenofpents3442 Před 23 dny +28

      Exactly whats happening to China! Young people went on a saving strike and the government is like "oh no"...

    • @Decadence13666
      @Decadence13666 Před 22 dny

      I read the last line in Marcus Kincaids voice in Borderlands lol

    • @arKiteX3
      @arKiteX3 Před 7 dny

      Understand that when you say "establishment" you're talking about yourself. Simply put, citizen A spends less on citizen B's product, so B has his hours cut and spends less on A's product, and it spirals out of control.
      That said, if B is making useless products merely for the sake of overconsumption that makes no one's life better, does B's job really matter to anyone but B?

  • @TemperedWambat
    @TemperedWambat Před 28 dny +303

    The title translates as follows: Stop being broke your hurting corporate profits

  • @amanda_ash
    @amanda_ash Před 28 dny +623

    On top of people being broke and worried about the planet, I think a lot of us are sick of sweat shop labor, sick of clutter, sick of single use plastic, sick of things falling apart/being horrible quality, sick of products being loaded with dangerous chemicals, and sick of the insane trend cycles. If the economy demands that we spend all our time detached from each other, working ourselves to death, just to buy more and more junk, then that’s a pretty dystopian economy. A wake up call for me was dealing with the amount of stuff that boomer age family members left behind after they passed away. You don’t get to take it with you, and in the end 90% of it is just junk that no one else wants.

    • @ayela562
      @ayela562 Před 26 dny

      Seriously. Our over consumption destroys our planet, exploits animals , exploits workers, makes us sick and broke and forever in debt. And then we are told we aren’t successful because we aren’t buying the latest toxic crap. Enough already.

    • @ems5742
      @ems5742 Před 26 dny +12

      well said!

    • @SLloyd-qb8kt
      @SLloyd-qb8kt Před 26 dny +11

      All truth!!!

    • @user-nv8nt6gm2d
      @user-nv8nt6gm2d Před 26 dny +24

      If I could live my life over again, I would never have bought all the crap I bought. It is a real burden.

    • @alisons9740
      @alisons9740 Před 24 dny +11

      All of the above! I’m committed to using as much of what I have as possible, buying as little and local rather than online, disposing of as little, and buying for memories to leave a positive handprint on the world.

  • @carleeherring
    @carleeherring Před 29 dny +1413

    they can't stop hating on this generation for being broke. like we actually want to be broke lol.

    • @shellysmith1037
      @shellysmith1037 Před 29 dny +18

      apparently you do. You vote so abysmally

    • @user-ih7uo6ru1c
      @user-ih7uo6ru1c Před 28 dny +7

      Grunge part 2

    • @spacemarine7434
      @spacemarine7434 Před 28 dny

      @@shellysmith1037this astronomical inflation began under Donald Trump. Name one policy Trump enforced that helped the middle class. The Trump tax cuts were effectively socialism but for the rich only. The numbers don't lie

    • @djhero0071
      @djhero0071 Před 28 dny +93

      @shellysmith1037 Which major political party wants to do away with the minimum wage? Which major political party is anti-union?

    • @bobroberts2217
      @bobroberts2217 Před 28 dny

      @shellysmith1037 People over 65 get paid to exist and then call everyone younger than them socialists. The irony is palpable. If someone actually runs on getting rid of social security and Medicaid, would you vote for them? Thought so.

  • @KalopsiaMyth
    @KalopsiaMyth Před 28 dny +414

    Financial responsibility = underconsumption core

  • @LisaMarieFord
    @LisaMarieFord Před 28 dny +171

    Millennial here, this is what we call “adulting” or as our folks taught us “responsibility” and “budgeting”. Many of us have been doing it all our lives. Granted we didn’t grow up with internet shopping at our fingertips, but it’s a simple concept: Don’t buy things you don’t need just to fit in or keep up with the Jones or influencers. As our grandparents and great-grandparents called it: Common Sense. This is not a new concept.🙄
    Overconsumption is a new concept. Folks used to reuse and reuse, fix up, and make the most of things all the time. I love how every couple of years some people discover reusing, recycling, canning, gardening, homemade, etc and act like it’s a “new” thing and they just came up with the notion. 🙄 Those of us who grew up wearing hand-me-downs and shopped at thrift stores before going home to harvest the garden with our parents, then can with our grandparents, are chuckling.
    Also, make-up for most people is not essential, so not sure how that figures into underconsumption.
    And another aspect of overconsumption is watching way to many social media videos of influencers telling you what to buy or not buy and following trends.

    • @alisons9740
      @alisons9740 Před 24 dny +11

      When asked about an errand run my Grandma who lived thru the depression replied - I don’t need a thing. And that’s how she lived her life. Remarkably simple, fuss free, elegant, and effective. That is what I aspire to, not Jonesing, consumerism or Influencer BS.

    • @kittymeowski
      @kittymeowski Před 23 dny +2

      ​@@alisons9740My grandma used to wash her paper plates.

    • @susanf4857
      @susanf4857 Před 20 dny

      Amen!!!

  • @ayela562
    @ayela562 Před 26 dny +97

    Oh freaking well. We aren’t benefitting from overconsumption, corporations are. They’ll just have to find another way to make their undeserved billions.

  • @ADHDpancakesurprise
    @ADHDpancakesurprise Před 28 dny +149

    Oh no! People living responsibly! Someone hurry up and save capitalism! FFS these billionaires get more and more ridiculous with the news they feed us.

  • @anuragchakraborty8766
    @anuragchakraborty8766 Před 29 dny +590

    Why don’t we boycott everything for a week and see if they start listening to us?

    • @deathcannibal13
      @deathcannibal13 Před 28 dny +50

      I wish but it only works if everyone's on-board

    • @nodata4662
      @nodata4662 Před 28 dny +49

      I seem to remember seeing something like this was being organized on reddit, and they shut it down. That just goes to show you it's probably the right move.

    • @msKita43
      @msKita43 Před 28 dny +11

      I'm down

    • @jonquiljones
      @jonquiljones Před 27 dny +9

      General Strike.

    • @user-yy4bs2us3h
      @user-yy4bs2us3h Před 27 dny +8

      Yes, that's what I say , do it for 3 months , then companies will get it!

  • @dylan_50
    @dylan_50 Před 29 dny +396

    So much stuff being advertised online (especially on social media) is literally just garbage and stuff you don't need.

    • @chihirostargazer6573
      @chihirostargazer6573 Před 28 dny +10

      Most of the stuff is garbage no one needs.

    • @user-ph6yh4hs9z
      @user-ph6yh4hs9z Před 28 dny +8

      Plastic clothes thin as a spiderweb, endless plastic crap from Temu and Google,everybody is selling, selling, selling…..endless consumerism.

    • @SwervinErvins
      @SwervinErvins Před 27 dny +7

      Exactly. I’m so turned off from social media now bc of all the advertisements

    • @user-ph6yh4hs9z
      @user-ph6yh4hs9z Před 27 dny +5

      Right , social media is full of ads, and let’s not forget all the long chains of 2 or 3 people fighting over some off topic subject.

  • @BDee3126
    @BDee3126 Před 29 dny +212

    Yea we don't want to give these big corporations and greedy companies more and more money that nobody will ever see again.

  • @thelight2230
    @thelight2230 Před 28 dny +459

    It's called being frugal....it's not a trend

    • @chinaarlene7035
      @chinaarlene7035 Před 24 dny +6

      Right!

    • @Alaryicjude
      @Alaryicjude Před 21 dnem +6

      Everything can be a trend if you're an "influencer"... 🙄

    • @astral_playz5393
      @astral_playz5393 Před 21 dnem +4

      This needs to be pinned. It's genuinely infuriates me that it's a "trend."

    • @juliuswy
      @juliuswy Před 21 dnem +3

      They said in the video that the phrase is new but the practice isnt...watch the whole videob

    • @chinaarlene7035
      @chinaarlene7035 Před 21 dnem

      @juliuswy we did and it's still dumb. Point stands.

  • @portalkey5283
    @portalkey5283 Před 28 dny +133

    Underconsumption core? Or mindful consumption? Well done us!

  • @biancam2327
    @biancam2327 Před 28 dny +235

    Never knew this was viral..I just got tired of looking at all the products in my bathroom. I told myself a few weeks ago, I'm using everything up before buying anything else.

    • @leavingitblank9363
      @leavingitblank9363 Před 28 dny +12

      Eventually you get tired of looking at ALL the crap.

    • @nadineskye7050
      @nadineskye7050 Před 28 dny +17

      At one point, I had several bottles of conditioner collecting dust in my bathroom that didn't do well for my hair. One day, I watched a YT video where a lady mentioned using conditioner as shaving cream! A light bulb went off in my mind. I haven't bought shaving cream in nearly 5 years now! I also buy travel-size bottles of conditioner brands that I haven't yet tried to make sure I like them before committing to the big bottles. The ones I don't becoming my traveling shaving cream 😅.

    • @jesshill1007
      @jesshill1007 Před 27 dny +4

      Right on! I do not need toiletries, paper products, laundry powder or other cleaning products until what we have on hand is all gone. I have 16 ounces of laundry soap left and when that’s gone, I will combine my earth-friendly dish soap with a bit of washing soda to wash clothes.

    • @SLloyd-qb8kt
      @SLloyd-qb8kt Před 26 dny

      @@jesshill1007 Same!!!

    • @melindastookey3831
      @melindastookey3831 Před 21 dnem +1

      At the end of last year I told my spouse that we're not buying anything unless we use up what we have 1st, he has 4 things of shave balm and I have what feels like gazillion things of lotions (gifts from sisters) to use up amoung other household stuff

  • @winesap2
    @winesap2 Před 28 dny +141

    There’s something wrong with an economic system and society that need constant consumption, exponential economic growth, and exponential extraction of resources to be “healthy”. Our economy depends on exponential population growth and consumption to thrive, yet this is only a very short term benefit and screws the future of our society and economy.

    • @nodata4662
      @nodata4662 Před 28 dny

      Agreed. We're using the wrong measurements. GPD has nothing to do with happiness or well-being. Feels more like for global bragging rights than anything.

    • @LBM-1956
      @LBM-1956 Před 23 dny +14

      You just described the reason why we now have what is known as a false economy. This is exactly what happened before the crash of 1929, the poor and middle class encouraged to buy to keep up the lifestyles of the upper classes. Just another generation of younger executives and financial advisors created this situation and again have to learn what goes up will come down, the hard painful way.

    • @firstnamepea7367
      @firstnamepea7367 Před 21 dnem +8

      Uninhibited growth for growths sake is what cancer is.

  • @b30233
    @b30233 Před 28 dny +52

    god forbid people find happiness without spending money and fueling the machine of capitalism

  • @mpeppermint23
    @mpeppermint23 Před 28 dny +97

    The fact this generation will never own a home unless they inherit it or their parents/grandparents are rich, have to worry about layoffs/student loan debt, have to be gouged for rent and basic necessities,are underpaid compared to the cost of living, and now being homeless is illegal along with all public camping. I'm not surprised they're not having kids and are trying to save every dollar they have. I'm surprised the younger generation is even still alive with having to be under these economic conditions. Sure the economy may slow down but that just means big corporations won't make as much money and will be forced to lower the prices. Ask not what the economy can gain but what the economy can do for you!

    • @leavingitblank9363
      @leavingitblank9363 Před 28 dny +8

      Go take a look at how people lived during the Depression and during WWII. The era of conspicuous consumption that started after WWII is the anomaly. Few countries insist on the level of material possessions that people in the US do.

    • @HydrogenTwoO
      @HydrogenTwoO Před 28 dny +11

      @@leavingitblank9363 I've dedicated myself to the time period you speak of, because my grandmother was apart of it. One interesting fact: Housing sizes have doubled or tripled since then, but the average (and perhaps now, even smaller) size of the US family has stayed the same. The only change is that people buy more stuff. Also, most people do not use the majority of their homes, or their items-a rough estimate is 20% of them, and many items are less biodegradable than before.

    • @UltraHenry
      @UltraHenry Před 28 dny

      Polly wanna cracker ?

    • @user-nv8nt6gm2d
      @user-nv8nt6gm2d Před 26 dny +3

      Plus, younger ppl are getting cancer and dying of it, because of sedentary lifestyle and exposure to environmental toxins.

  • @bencebatyi7289
    @bencebatyi7289 Před 29 dny +196

    Im usually not for trends, but I support this one 😅

  • @xxmystakalxx
    @xxmystakalxx Před 28 dny +94

    The boomers told us to stop buying coffee and spending money to buy a house. Now they want us to buy coffee and spend money

    • @nodata4662
      @nodata4662 Před 28 dny +24

      Nailed it- Zoomers are hurting the avocado toast industry! Recession!

    • @Yul-Uhlu
      @Yul-Uhlu Před 26 dny +4

      Boomers could care less what you buy or don't buy...smh. Where do you get your logic from?

    • @justusjusticegreen
      @justusjusticegreen Před 26 dny +14

      @@Yul-Uhlu Um, have your heard all the boomers going off on this generation online - comments, tik tok, social media? I mean I have even heard them in-person many times. This is totally a belief the majority of them share. Look it up.

    • @LBM-1956
      @LBM-1956 Před 23 dny +1

      Boomers are the ones that have lived their whole lives practicing frugality and many are still here to show how its done.

    • @tywebbgolfenthusiast8950
      @tywebbgolfenthusiast8950 Před 21 dnem +1

      LOL-Boomers are 79-64 years old. They’re mostly retired. When are these senior citizens exerting all this influence? Between pickleball matches?

  • @omegabat39
    @omegabat39 Před 28 dny +71

    People: I'm super broke and can't get ahead.
    Media: it's just a phase.

  • @chicho5359
    @chicho5359 Před 29 dny +528

    underconsumption is a fancy way to say we are broke.

    • @dubsar
      @dubsar Před 29 dny +37

      The idea is not just about not having money, but not having money to waste.
      If people focus on quality instead of quantity and novelty, they can actually have more.

    • @terryowen6759
      @terryowen6759 Před 29 dny +26

      Not always, being thrifty can leave you with extra money for other more important things

    • @ruekurei88
      @ruekurei88 Před 28 dny +19

      Nah, at best/worst, it's being cheap. The most frugal people I know in my country are an old couple with some really old phones, never dress splashy and drive a really old car. I met them at the museum where I had to put on a show with other artists. They were some of the richest people in the country and owned the museum. Just because you can spend money, doesn't mean you have to(on nonsense you don't actually need anyway).

    • @RockBrentwood
      @RockBrentwood Před 28 dny +8

      Being broke is a fancy way of saying that you're cured of hoarding disorder.

    • @enhancedutility266
      @enhancedutility266 Před 28 dny +10

      That's not exactly true because the moment you cut down on your consumption you increase your savings rate which we definitely need now more than ever the savings rate in the US has been around 4 to 8% for the last 50 years That's simply unsustainable and with those extra savings you can start your own business or go back to school to increase your income if you desire to consumer at the rate you've been doing or increase it do to your increased income so this is a smart play for young folks to do or anyone for that matter.

  • @MaconMedia
    @MaconMedia Před 28 dny +130

    High prices are what forced me to start spending less. As a result, I've leaned I can do without. So, when (or if) prices come back down, I still won't be spending unless it is necessary.

    • @alisons9740
      @alisons9740 Před 24 dny +5

      Awhile back I had an epiphany and decided to try a once a month Amazon cart. After several months I find I rarely need even that. 🤯

    • @First-q6l
      @First-q6l Před 22 dny +2

      Im like that too! The pandemic was good for something lol. I learned I was buying things just to go out for something to do. I don't miss it. I have so many fun hobbies now

    • @arpoehler
      @arpoehler Před 20 dny +1

      Same. I'm now out of the habit of shopping for things I don't need. I don't even browse for things in my free time. I realized I don't want to spend my life browsing and shopping for things I don't need.

  • @purpurina5663
    @purpurina5663 Před 26 dny +26

    This is crazy. Not shopping all the time is NORMAL. It's how people have lived for centuries. People are just trying to get by and have a healthier relationship with consumption, and they're warned that it may damage the economy.

  • @Rikkisio
    @Rikkisio Před 29 dny +283

    There’s corporate greed, we the people need to be greedy against the corporations.

    • @karmaandkerosene_music
      @karmaandkerosene_music Před 28 dny

      What about the Democrat government that printed 3 trillion dollars out of thin air and made everything more expensive?

    • @osu122975
      @osu122975 Před 28 dny

      So I take it you don't invest?

    • @-_slug_-
      @-_slug_- Před 28 dny

      Yeah, why not just align your wants with the people destroying the entire world and putting people out on the street. All for money.
      Pesky morals or actually wanting to contribute to society holding you back? Tsk tsk tsk

    • @Rikkisio
      @Rikkisio Před 28 dny

      @@osu122975 I do, I invest in myself.

    • @UltraHenry
      @UltraHenry Před 28 dny

      ...and when they cut your job because nobody is buying anything you'll have something new to complain about...

  • @alwaysyouramanda
    @alwaysyouramanda Před 28 dny +31

    Jobs: don’t pay enough
    Consumers: Can’t consume
    Jobs: *surprised pikachu*

  • @Rikkisio
    @Rikkisio Před 29 dny +100

    The corporations are being greedy, well, be greedy back.

    • @Jose04537
      @Jose04537 Před 21 dnem +1

      Been frugal and financially responsible is not "greed"

  • @HomemakerSuzy
    @HomemakerSuzy Před 28 dny +39

    Or, hear me out, we also don't want to pay high prices for cheap items that break. We would rather pay higher prices for good that will last us a long time, or for items that we can repair ourselves.
    Also, they want this generation to have more kids but we spend the same amount, or more, for kids clothing and items that they will outgrow in a few months?
    No thanks, as someone who theifted, gardened, canned, and did buy nothing groups before it was trendy.

  • @Tiggaknock
    @Tiggaknock Před 28 dny +39

    So people are still consuming, but not buying overpriced crap that was 1/4 the price 2 years ago. I think the title should be ‘Overinflation has lead to economic slowdown and leading to savings trend.’

  • @ms_cartographer
    @ms_cartographer Před 28 dny +38

    Boomers: "Spend more money! We need to grow the economy!"
    Younger gens: "Can you please pay us enough to consume more?"
    Boomers: "No higher pay! Only spend!"
    Younger gens: :/

    • @Yul-Uhlu
      @Yul-Uhlu Před 26 dny

      Who are these boomers who care about what you buy? How will your purchases help these boomers????? Critical thinking is not your forte.
      The "media" who sells commercial time to "corporations" is trying to get consumers to blame each other instead of pointing the finger at corporate greed. They wont bite the hand that feeds them, only promote their agenda. So don't buy into their gaslighting manipulations.

    • @zenwilds2911
      @zenwilds2911 Před 24 dny +4

      I'm a millennial, and I feel this.
      Idk what they expect. I'm staying home and playing video games.
      If I go out, it's to go hiking, swim, etc.
      If I splurge on something, it's to go to natural hot springs.
      Everything else is overly expensive and not worth the time it takes for that trickle of money into my bank account.
      Paychecks feel like a drop of water in the desert.

    • @tywebbgolfenthusiast8950
      @tywebbgolfenthusiast8950 Před 21 dnem

      Such BS. Every generation starts out adulthood struggling. Stop blaming others for your problems and start solving them yourself. Stop spending all of your income and work harder.

    • @ms_cartographer
      @ms_cartographer Před 21 dnem +2

      @@zenwilds2911 yeah. I work two jobs to make ends meet and I barely eat out, or do anything outside of reading books.

    • @ms_cartographer
      @ms_cartographer Před 21 dnem

      @@tywebbgolfenthusiast8950 i work 75 hours a week. How many more hours do I gotta do?

  • @zizinnnn
    @zizinnnn Před 29 dny +111

    our planet needs a break

    • @Thinker0822
      @Thinker0822 Před 29 dny

      Too late for that. Our planet is broken. Thanks to past generations who didn't care for the environment.

    • @k.w.5329
      @k.w.5329 Před 28 dny +12

      💯

    • @toolwithintention
      @toolwithintention Před 28 dny +2

      We should mail our pollution to mars

    • @nodata4662
      @nodata4662 Před 28 dny +7

      @@toolwithintention Why not just send it to the sun? It's easier to go with the gravity of the sun rather than against it anyway.

    • @toolwithintention
      @toolwithintention Před 28 dny

      @@nodata4662 if your fronting that bill, sounds good

  • @Thekulprit92
    @Thekulprit92 Před 28 dny +48

    Gaslighting people into thinking they just arent spending, thats not it. People are just broke in this economy

    • @theirmom4723
      @theirmom4723 Před 28 dny +6

      No jobs...No Money....No spending.

    • @leavingitblank9363
      @leavingitblank9363 Před 28 dny

      Haven't you been paying attention? There's been a trend for a long time now of not consuming so much crap. Baby boomers can't get rid of their stuff because younger generations don't want it. The environment is suffering from all the manufacturing: the use of resources, the factory pollution, the unused product. Child labor and poor working conditions from fast fashion. Look any of this stuff up. This is not just about being broke. Pay attention.

  • @360shadowmoon
    @360shadowmoon Před 23 dny +12

    Stop blaming average people for the economic downturn when companies making record profits are laying off people en masse.

    • @melissabogolubov6248
      @melissabogolubov6248 Před 22 dny

      They don’t want to admit there’s a recession, because that might make people vote for Trump…..

  • @tamhead1
    @tamhead1 Před 28 dny +35

    Man where tf am I living lol😂 This is not a trend, this is common sense.

  • @dbm88
    @dbm88 Před 29 dny +133

    good. we dont need more stuff.

  • @pckramer98
    @pckramer98 Před 28 dny +19

    My parents bought a house 10 years ago for 115K - it's now worth 550K. I underconsume because inflation has killed the country and we are worse off than our parents. No boomers, it's not because we are lazy.

  • @antinatalistwitch111
    @antinatalistwitch111 Před 28 dny +27

    I have had the same car for 14 years. I Love my baby girl, Yota. I had my cell phone for 7 years before the screen went completely black, and i was forced to get another. I cut my toothpaste open and scrape inside it. I get good use out of everything until it's runs completely out.

    • @Austin-wz5xk
      @Austin-wz5xk Před 22 dny +2

      Better hope your transmission and engine are serviced regularly. Otherwise, those cars will crap on you before you know it.

    • @susanf4857
      @susanf4857 Před 20 dny

      👏👏👏👏

    • @misaka3468
      @misaka3468 Před 15 dny

      @@Austin-wz5xk just get a Toyota

    • @Austin-wz5xk
      @Austin-wz5xk Před 15 dny

      @@misaka3468 Ironically, I've had three Toyota transmissions going out on me before 150k miles.

    • @antinatalistwitch111
      @antinatalistwitch111 Před 13 dny

      @@Austin-wz5xk if any service on this car costs me more than $1000. I will get a new one.

  • @Boringcountrylife
    @Boringcountrylife Před 28 dny +24

    Please, this is not the reason there is an economic slow down. That's insulting.

  • @Yormsane
    @Yormsane Před 28 dny +21

    The elephant in the room is poverty. We just don't have money to spend.

    • @ktburger659
      @ktburger659 Před 9 dny +1

      And even if we did, it’s better for us and the planet to get things that last

  • @RedNymph234
    @RedNymph234 Před 27 dny +11

    Privileged people say to poor people, "Don't spend money if you don't have it, stay frugal and responsible!"
    Poor people, "OK, we won't spend money and we will be responsible."
    Privileged people, "No wait, not like that! You're hurting the economy!"
    Poor people, "OK, then how about some financial assistance to help us help keep the economy flowing?"
    Privileged people, "No, that's socialism! If you don't have money, don't spend it! Be responsible!"
    Lather, rinse, repeat...

  • @HingleMacCringleberry
    @HingleMacCringleberry Před 29 dny +76

    When companies don't move product they are forced to reduce prices.

    • @alphaomega1351
      @alphaomega1351 Před 28 dny +3

      Uhm... not exactly. Depends. Not many people buy Lamborghinis because of their high price point but its value won't go down.
      If on the other hand, eggs 🥚 aren't selling because of cost, because it's a food item with short shelf life, prices would come down. 🤓

    • @nodata4662
      @nodata4662 Před 28 dny +3

      @@alphaomega1351 There are many magnitudes less of Lambos than than are eggs for sale in the world so not exactly the best example comparison, but I see where you're coming from.

    • @meoff7602
      @meoff7602 Před 23 dny

      Depends on the companies cost to produce. Eggs don't lay themselves.

    • @First-q6l
      @First-q6l Před 22 dny +1

      ​@@alphaomega1351what a stupid example😂

    • @misaka3468
      @misaka3468 Před 15 dny

      @@alphaomega1351 Lamborghinis are meant to be a luxury product and they are one to the point where they can choose who is allowed to buy them, same goes for other luxury cars of that caliber.

  • @westbccoast
    @westbccoast Před 28 dny +39

    This is great. Greedy corporations pushing up prices unnecessary, they will now feel the impact of that. I only buy what I need and/or what I have on a list. I list shop and walk past temptations and don't buy unnecessary things.

  • @user-ih7uo6ru1c
    @user-ih7uo6ru1c Před 28 dny +55

    People are broke.

    • @zenwilds2911
      @zenwilds2911 Před 24 dny +1

      We had a chance to vote for Yang.
      $1,000/month to every US citizen would have been a good economic boost.
      All it took was the ultra mega corporations to give a tiny amount of the taxes they were evading.
      We had a smart Asian dude do all the numbers for us, and we didn't vote him president.
      🤷‍♀️

    • @user-ih7uo6ru1c
      @user-ih7uo6ru1c Před 24 dny

      @zenwilds2911 Good point. I like Yang. He should be apart of the next administration. Take the best from all parties and the USA would be enjoyable.

  • @thebookkeeper0851
    @thebookkeeper0851 Před 29 dny +92

    I feel like every time there is a segment about these trends, the news tends to blame them for the economic woes. The same thing when they talk about low birth rates in order to sustain potential workers of the future, who are supposedly, sustain social security. I just had enough.

    • @terryowen6759
      @terryowen6759 Před 29 dny +11

      The supposed problem with social security can easily be fixed by raising the income cap, I think anyone making over $150,000 doesn't pay any extra towards social security...even if they make $10 Million or more. Its wrong to blame the poor

    • @ndb_static_6850
      @ndb_static_6850 Před 28 dny +4

      This has everything to do with the economy. Everything is getting expensive and people are trying to spend less.

    • @leavingitblank9363
      @leavingitblank9363 Před 28 dny +4

      Mentioning there might be an economic slowdown is not blaming them for economic woes. The economy has been on an artificial high for a long time. There's more to a healthy economy than just a soaring stock market.

  • @Jimwenten
    @Jimwenten Před 28 dny +33

    For me going out to eat means taking food to the park and have a picnic

  • @360shadowmoon
    @360shadowmoon Před 23 dny +7

    Are we seriously blaming the recession on poor people now??!

  • @endlessorbaggins8223
    @endlessorbaggins8223 Před 28 dny +14

    Title should be... "Economic slowdown lead people to realise they were brainwashed into overconsumming".

  • @toyoprev
    @toyoprev Před 29 dny +58

    This is how all people should buy stuff

  • @kingokafor6215
    @kingokafor6215 Před 26 dny +11

    Under consumption? How about overcharging?

  • @sepg5084
    @sepg5084 Před 27 dny +11

    How can people "consume" if they don't have money?

    • @Ms9mmBeretta
      @Ms9mmBeretta Před 21 dnem

      Because they're so greedy that they're telling themselves that we have money, we're just not spending it in their stores.

  • @aroundandround
    @aroundandround Před 28 dny +25

    My shoes and clothes never seem to wear out even after years and years of use, so I continue using them.

  • @Seanpfree
    @Seanpfree Před 28 dny +15

    We stopped consuming in 2022 when inflation wiped out all earning gains. Economy is still booming for the 1% that own 95% of all assets. The rest of us are wiped out trying our hardest to afford an apartment since we'll never afford a home.

  • @adamwonder9607
    @adamwonder9607 Před 28 dny +78

    yeah corporate greed has hit its max the only way corporations will listen is if you dont buy the product simple

  • @AmateurHuman19
    @AmateurHuman19 Před 28 dny +15

    This is the most offensive framing of the oligopic corporate takeover of our society that I've ever read.
    AND WHERE DOES THIS PROBLEM COME FROM, YOU THINK???? Absolutely vapid content.

  • @shethewriter
    @shethewriter Před 28 dny +8

    It would help if fast food didn’t cost more than an hour’s pay and if more Americans could afford groceries. Stop blaming people who are just doing their best.

  • @comic_food_guy
    @comic_food_guy Před 24 dny +8

    Are we blaming folks for not having money again?

  • @KathleenVanhoecke
    @KathleenVanhoecke Před 29 dny +30

    I think underconsumption core is fantastic and I am so proud of the younger generation for embracing this! It is so much more sustainable, it is better for the environment and it is wonderful to see them take a shot at capitalism. Capitalism is toxic. Economic growth is not infinite and I hope the younger generation is serious about showing that we have to stop and sustain at some point. The Rich have enough now, they have taken enough and the youth don't want to keep filling their pockets even more. This younger generation has realized that there are limits to what we can do to this planet! MORE POWER TO OUR YOUTH!

  • @frafraplanner9277
    @frafraplanner9277 Před 28 dny +7

    When the system starts freaking out, you know you're doing the right thing

  • @danidiaz2377
    @danidiaz2377 Před 28 dny +6

    It’s called poverty most people can’t even afford a a grocery haul

  • @MakeupGeek88
    @MakeupGeek88 Před 26 dny +9

    Consumers overspending = consumers are being irresponsible and overstretch themselves. Consumers reduce their spending = consumers will drive the next recession. It’s always our fault isn’t it.

  • @dubsar
    @dubsar Před 29 dny +29

    Focusing on quality, not quantity.

  • @Pink_Jjeokeomi
    @Pink_Jjeokeomi Před 23 dny +5

    Underconsumption 'glamorizes' spending less
    We broke, babe.
    We're not glamorizing being broke. We simply have no money.

  • @agentsmith404
    @agentsmith404 Před 28 dny +15

    Good! 99% of items in stores are useless garbage.

  • @queensheeeeba
    @queensheeeeba Před 28 dny +30

    Corporate greed is causing the economic slowdown!

    • @leavingitblank9363
      @leavingitblank9363 Před 28 dny

      @queensheeeeba, No, actually the opposite. It's the corporations' push to try to get people to spend more that has cause the economy to boom. If people would ignore all the marketing, they'd automatically slow their purchasing, and THAT causes the economy to slow down.

  • @sweetpeaon3
    @sweetpeaon3 Před 22 dny +6

    Remember y'all! Libraries are free, garage sales are lucrative, and if you think you need something, you probably already own it :)

  • @qatarworldcupwinnermessi
    @qatarworldcupwinnermessi Před 28 dny +18

    How can I buy when I can't find a job? My employer shipped my job to India. Go ask Rahul to buy from American stores.

  • @CatWhiskering
    @CatWhiskering Před 24 dny +6

    "Frugal" or "cheap" is a lot fewer syllables. Been living "underconsumption core" for 35 years, before it was cool. 😂

  • @ML-te6qv
    @ML-te6qv Před 28 dny +17

    stop buying unnecessary stuff!

  • @ColbraBull
    @ColbraBull Před 27 dny +6

    Imagine that cost of living keeps going up, now the goverments wondering why the sheep arent breeding or consuming as much

    • @melissabogolubov6248
      @melissabogolubov6248 Před 22 dny

      If women just plain stopped having babies….the governments worldwide would panic.

  • @Callingnone
    @Callingnone Před 28 dny +12

    Finally..we have hope for humanity

  • @winstonoboogie2424
    @winstonoboogie2424 Před 28 dny +10

    The cost of living is a rip off.

  • @livex38
    @livex38 Před 28 dny +6

    We don’t need a bunch of junk

  • @Eraserhedd
    @Eraserhedd Před 28 dny +16

    If only media was as attentive to price gouging as it was to indictment of our reaction to it.

  • @joenobody5631
    @joenobody5631 Před 28 dny +5

    Making poverty trendy is probably a good idea the way things are going.

  • @MikeSamuelsII-ve8gp
    @MikeSamuelsII-ve8gp Před 27 dny +7

    Just say no to corporate greed across the board, corporate tv too. Less is much more.

  • @managingmonasmoula9811
    @managingmonasmoula9811 Před 28 dny +8

    I’m one of these that will wear out items before buying new stuff. I don’t care for brand names or buying all this new junk. I don’t want junk, period. I’m saving my money for only items that I absolutely cannot live without. I have no problem shopping and buying at a goodwill store and I regularly take items to be donated in an effort to clear my house of stuff. I’m confident with myself and I don’t need stuff or cars or junk to fulfill me or to make me happy.

  • @Gobbledi_Gook
    @Gobbledi_Gook Před 21 dnem +6

    Ah yes. Poor people who can’t afford to buy anything are the reason the slowdown is happening. Excellent reporting.

  • @terryowen6759
    @terryowen6759 Před 29 dny +21

    I use the "Reduce, Reuse and Recycle " Moto. So many items can be repurposed and reused with a little imagination. Also you can create new outfits out of older pieces by just buying one or two new tops.

  • @repboy1
    @repboy1 Před 26 dny +6

    I screeched to a halt with buying stuff about a year ago.

  • @davelassiter392
    @davelassiter392 Před 28 dny +7

    They are raising the cost of second hand clothing and other items that humble people depend on for their livelihood.

  • @stanford-nf4jk
    @stanford-nf4jk Před 28 dny +5

    I’ve been doing this all my life. It’s called being poor.

  • @vanessaclark6761
    @vanessaclark6761 Před 28 dny +5

    My husband and I have lived this way for 32 years regardless of the economy. Buying generics instead of name brands, shopping at goodwill, making do with what you have rather than buying new stuff all the time. To save on electricity we use solar lights on the inside of the house (removable panels), use a clothes lines in the backyard instead of a dryer, and use fans instead of running the whole house air conditioner.

  • @Lemon.tea2511
    @Lemon.tea2511 Před 23 dny +5

    Even second-hand clothes are expensive at Goodwill, thanks to influencers 😢😢

  • @DonGivani
    @DonGivani Před 28 dny +13

    Underconsumption also leads to lower inflation

    • @nodata4662
      @nodata4662 Před 28 dny +1

      ✅ exactly but the powers that be don't want anyone hurting corporations' feelings (corporations are people according to SCOTUS)

  • @BrandonPenson
    @BrandonPenson Před 28 dny +5

    "Underconsumption (Is that even a word?) core"?
    Is that what we're calling living within your means?
    Also, can we agree that "Influencers" ENTIRELY need to go away?

  • @Anthony-dj4nd
    @Anthony-dj4nd Před 28 dny +18

    How dare they under consume!😡😤

  • @MAG320
    @MAG320 Před 28 dny +12

    Big surprise. Saving money is popular.

  • @teachthem4ever
    @teachthem4ever Před 28 dny +4

    This great. I’m sick of people saying things like “if you can’t afford XXXXX, just say that”. NO. Even though I *can* afford it, I’m not going to be a slave to materialism and frivolity.

  • @angelasieg5099
    @angelasieg5099 Před 28 dny +5

    I have always shopped this way. Clearance racks, thrift stores. My daughter hated it when she was in middle school. Now she is grown up and shops like this herself.

    • @GreyGooseBurberry
      @GreyGooseBurberry Před 2 dny

      Same story with my mom and I! Now I love tag sales and I hated going to them growing up.

  • @sanjiyan3x3
    @sanjiyan3x3 Před 28 dny +3

    This is called "making the most with what you have" and it's not a trend.

  • @alanholguin3609
    @alanholguin3609 Před 29 dny +40

    It's called , being poor, I'm glad brats are realizing that glamour is a trap to keep you poor. ❤

    • @meep2253
      @meep2253 Před 28 dny +1

      @@alanholguin3609 I choose not to spend money on junk. You don’t have to be poor.

  • @anniesshenanigans3815
    @anniesshenanigans3815 Před 28 dny +4

    this needs to be viral... because we need to freeze the GREED of big corporations!!!

  • @andrewdecorleto7882
    @andrewdecorleto7882 Před 22 dny +4

    Why does this video appear to criticize people for saving money and reducing waste?

  • @AliceDepaul
    @AliceDepaul Před 28 dny +4

    You can’t have consumer based economy when the consumer can’t afford to consume 😂

  • @GenK1991
    @GenK1991 Před 24 dny +3

    The causation isn’t the correlation here. The economic downturn has been here for over a year underconsumption core just started trending because people realized there’s no point in wanting more since we’re all broke

  • @titankorellc2937
    @titankorellc2937 Před 27 dny +3

    Absolutely disgusting how much news organizations miss the point or even the reality we are living through.