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Credit Card Trends and Retirement Crisis
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Credit cards are increasingly popular among baby boomers and seniors, but not among younger generations. Baby boomers face challenges in their businesses, while credit-building apps help Gen Xers tackle debt. The UK's labor market data is disrupted by Gen Z and Millennial responses, and Gen X faces a retirement crisis.
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How might the popularity of credit cards impact the financial well-being of younger generations?
What are the potential long-term consequences of the retirement crisis faced by Gen X?
What strategies can businesses adopt to adapt to the changing landscape and thrive in today's challenging economic environment?
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