Doom spending in the USA

Interesting title and one that I’ve never come across before:

Doom spending is a pattern of increased consumer spending in anticipation of a potential negative event. This behavior is driven by a sense of impending doom, whether it is a result of economic uncertainty, geopolitical tensions, natural disasters, or other crises.

…and it’s all going on the credit card:

https://edition.cnn.com/2023/11/07/economy/household-debt-credit-card-delinquencies-q3/index.html

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Some hoard gold instead.

Or guns, or tin hats, or toilet paper, or…

Jacobowski’s two alternatives…

Me and the Colonel - Eu si colonelul (1958) RO. Sub. | Danny Kaye, Curd Jürgens

The Captain

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And, near the end, Jacobowski almost takes the second. I have enjoyed that movie for decades.

Steve