Europeans Are Terrified of Spending Money, and It’s Hurting the Economy

Matěj Macák, a materials engineer in the Czech Republic, recently came to the conclusion that he has a money problem. He’s afraid to spend it. Europeans have doubled down on frugality in recent years—another economic headache for the continent The 24-year-old stopped buying sneakers, which he used to like collecting, and fretted over small purchases

Read More