What is a recessionista?

What is a recessionista?This term came to be used during the peak of the recession period, during Christmas season, when the world was shrouded with the economic downturn. It refers to women who went on a ‘spending binge’ despite the fact that they couldn’t afford it and more so when their ‘purse’ was already dented. The splurging during recession earned them the name ‘recessionista’.

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