“Doomsday spenders” refer to individuals who believe that a catastrophic event, such as an economic collapse or natural disaster, is imminent and therefore spend their money on preparing for such an event. While this mindset may seem pessimistic, these individuals are actually boosting the economy by purchasing survival supplies, investing in alternative energy sources, and supporting industries that cater to their prepping needs. This increased spending provides a boost to businesses and helps stimulate economic growth, even in times of uncertainty. Additionally, the preparedness of these individuals can also benefit society as a whole in the event of a disaster.
