Prices continue to rise, while economic activity in general continues to drop. That's stagflation, and it's what I predicted way back in 2020, and it's what we've got today.
People are struggling to not die, and they can't afford to spend money on frivilous things. I mean, some people are buying new smart phones, but a hell of a lot less than there were! (besides which, why would you buy a new smart phone? What specifically does a new phone have that a 5 year old or even 10 year old phone doesn't?)
People are struggling to not die, and they can't afford to spend money on frivilous things. I mean, some people are buying new smart phones, but a hell of a lot less than there were! (besides which, why would you buy a new smart phone? What specifically does a new phone have that a 5 year old or even 10 year old phone doesn't?)
@sj_zero
For most people, a new smartphone has a new battery that will last more than a day, because if their phone is more than four years old without a replacable battery, the battery is dying.
You can buy a lot of repairs for the 700-1200 bucks a new cell phone costs.
