Doomspending refers to the impulsive purchase of goods or services as a coping mechanism against anxiety about uncertain futures, such as economic downturns or climate change. People use it to regain fleeting control or comfort. While it offers temporary relief, the primary beneficiaries are retailers and advertisers, who profit from this emotional spending cycle.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends