Normal
This is why recessions are necessary to clear out the dead wood and give everyone a reminder of the need to remain focused.It's really quite extreme at this point once you realise that nobody under the age ~45 would have any comprehension of a proper recession with the usual consequences from first hand experience, and nobody under age 50 has experience of one as an adult unless they've been through it overseas. We've had "technical" recessions more recently, but not a proper one in the normal sense.So we're now at the point where having lived through economic difficulty of itself puts someone in a minority group and there'd now be people coming into senior management or political roles with no such experience. Even fewer have any real comprehension of energy shortages or the difficulty of overcoming them once they're entrenched.
This is why recessions are necessary to clear out the dead wood and give everyone a reminder of the need to remain focused.
It's really quite extreme at this point once you realise that nobody under the age ~45 would have any comprehension of a proper recession with the usual consequences from first hand experience, and nobody under age 50 has experience of one as an adult unless they've been through it overseas. We've had "technical" recessions more recently, but not a proper one in the normal sense.
So we're now at the point where having lived through economic difficulty of itself puts someone in a minority group and there'd now be people coming into senior management or political roles with no such experience. Even fewer have any real comprehension of energy shortages or the difficulty of overcoming them once they're entrenched.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
