Uses for the stimulus payments varied by age group. About 54% of people between the ages of 25 and 39 reported on the Census survey that they mostly used the stimulus money to pay off debt, and 26% said they mostly saved it during the Jan. 6-18 period. By comparison, about 57% of people between the ages of 40 to 54 said they mostly paid off debt, and 22% said they mostly saved it.
Strategists and Economists shortcut considering the stimulus payments as the potential of additional consumption… 3 metrics that they forgive :
- Central banks and states are just adding debts on fragile shoulders.
- States are postponing tax payments, no forgiveness.
- Entrepreneurs of SMEs will found better to shut down their activity than to navigate in a second or third containment…
In addition, the tax department is really enjoying by short-term gains made by Robinhooders and WallStreetBets’ gangs…
