The epidemic has been raging for three years, and many real economy have been hit hard, many people are unemployed at home, and their family income has dropped sharply.
The epidemic
Before, as long as we walked at the midnight snack stall, we could see a prosperous scene. People were eating barbecue, drinking wine, talking about work, life, and a certain entrepreneurial project at the midnight snack stall. It’s just because the company’s performance is pretty good and has a stable salary every month. In recent years, with the integration of technology + big data + finance, it has become easier and more convenient for ordinary people to borrow money from the platform. In the past few years, I walked on the street and encountered credit cards promotion, small loans, etc., Huabei, , Jiebei , installment, etc. As long as people upload their ID cards and facial recognition, they can get money to satisfy their consumption desires. Some people use their own money to make some connections and treat guests to dinner in order to have a better opportunity in the workplace.
During the Spring Festival in 2020, a sudden outbreak almost pushed the entire Chinese people to pause. People across the country worked from home and fought the epidemic together. This epidemic could end quickly. Unexpectedly, it has come the third year. international trade was blocked, and all walks of life were seriously affected. People are forced to stay at home, and without economic income, family consumption will be significantly reduced.
A family’s income is 10,000 yuan a month, and you can still spend 5,000 yuan to deposit 2,000 yuan on a mortgage of 3,000 yuan. But it seems that since the epidemic, I may have just obtained a guaranteed company of 5,000 yuan, and I only have 2,000 yuan left to pay off the mortgage, which can be used for family expenses. This forces everyone to reduce their expenses and even use credit cards to return back and forth to maintain their current daily expenses.
Anyone who has used credit card Huabei knows that although the interest rate seems to be small, it cannot survive long-term rolling interest. The interest will become larger and larger, and the family's debt will become more and more serious. In 2023, overdue households may experience a blowout explosion. The economic downturn is very severe.
In order to cope with this surging economic downturn, people have to tighten their belts and survive this period by reducing spending. Consumption downgrades have slowly penetrated the lives of people today.
