Look into Doom spending. Excessive spending is actually a psychological response to hardship for consumers in 1st world countries. It's a documented phenomenon

Look into Doom spending. Excessive spending is actually a psychological response to hardship for consumers in 1st world countries. It's a documented phenomenon that has happened in the past and is exacerbated by social media, gamification of wealth, and general incompetence (all of which are on the uptrend).