UAE Gen Z employees are ‘doom spending’ and maxing credit cards to cope with economic uncertainty, say experts

  • Date: 24-Jan-2024
  • Source: Arabian Business
  • Sector:Financial Services
  • Country:UAE
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UAE Gen Z employees are ‘doom spending’ and maxing credit cards to cope with economic uncertainty, say experts

As global uncertainties mount, from war to inflation, more individuals appear to be coping through short-sighted consumption booms. If unchecked, experts say doom spending trends could worsen future financial instability on both personal and national economic levels UAE Gen Z employees are ‘doom spending’ and maxing credit cards to cope with economic uncertainty, say experts