People are Scared
Financial guru extraordinaire Gail Vaz-Oxlade recently asked a simple question. Many of the answers she received were heart-breaking.
People are working hard and living frugally, yet they’re priced out of life and are one bad turn from destitution. This is a stark contrast to the YOLO-rocket-to-the-moon attitudes many had just 12 months ago.
Then the everything bubble burst while inflation kept rising. If employment also turns down things could get ugly.
Stick together folks. Your people need you and you need your people.
If you work in the financial services industry, are your clients saying these things to you?
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Thank you as always for the thoughtful posts