Why do we irrationally spend money on things we cannot afford during a cost-of-living crisis?

They call it retail therapy for a reason.

In the midst of a cost-of-living crisis, you’d think that people would batten down the hatches and tighten the purse strings.

Yet during times of economic hardship, people keep buying.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.