economy
How to survive our doomed times? Both the experts and I have the same advice
We have two choices: be paralysed by fear or just continue with what we are doing. I know what I choose
TL;DR
- Experts and the author recommend inaction and avoiding panic during global crises.
- Concerns include ongoing wars, deepening energy crises, rising interest rates, and potential economic depressions.
- Historical examples show that financial markets and individuals have recovered from significant downturns.
- The author contrasts current mortgage sizes and salaries with those of the 1970s to highlight differing economic pressures.
- The two individual choices are paralysis by fear or continuing with life, albeit with increased anxiety.