They’re trying to build middle-class lives in New York. But many 30-year-olds in the city feel worse off than their parents. Is it average adult angst? Or something more enduring?
Advice died with the 2008 financial crisis when no one knew why the market was souring and almost every news outlet was struggling to explain big loan and debt swap system. It became apparent that we live in unprecedented times and conventional wisdom was becoming obsolete.
My dad’s roofing business was never the same after 2008, and it had endured since the early 60’s. 2008 and the reaction to it by Obama and Bush is largely what turned me into a hopeless cynic. I plan for the worst in everything now.
Advice died with the 2008 financial crisis when no one knew why the market was souring and almost every news outlet was struggling to explain big loan and debt swap system. It became apparent that we live in unprecedented times and conventional wisdom was becoming obsolete.
Lets be honest, the current AI market with circular investments missing ROI is very similar to the housing market in 2008.
Absolutely.
My dad’s roofing business was never the same after 2008, and it had endured since the early 60’s. 2008 and the reaction to it by Obama and Bush is largely what turned me into a hopeless cynic. I plan for the worst in everything now.