Commentary: Is underconsumption the new consumption? It depends

LIVERPOOL: I am probably going to betray my age by saying this- I do n’t see why full-length socks are back in fashion, especially when wearing shorts. &nbsp,

It simply looks unusual, and even more so when combined with open-toe shoes. I’m told to pull up my socks, but I ca n’t because, well, they’re ankle-length.

This is more than just a lack of sense of style. It seems I’ve finally reached that point when the cai fan aunty calls me “uncle” ( no more” shuai ge” for you, Terence ), and conversations with friends turn to ElderShield, progressive spectacle lenses, and of course, whether we have enough money to retire.

The next place though, about having enough money, is certainly an generational problem. The older era concerns about retirement, but the younger generation usually worries about day-to-day success. Can they manage loan payments, rent, college fees, childcare, older care- or perhaps lunch? &nbsp,

This is not just a Taiwanese problem. In the face of rising living costs, a sizable portion of university students in the UK are putting in long part-time hours to supplement already insufficient tuition loans. This does n’t just affect their social life, but their learning journey as well.

And despite prices appearing to be sluggish everywhere and central bankers starting to lower interest rates, goods and services are still much more costly than they were a few years ago. People keep getting more anxious and also upset as a result of the price that items keep rising, like when Toast Box decides to raise the price of its kung bread set.

So it should come as no surprise that one of the newest developments on Tiktok is about finding ways to spend and eat less.