Comment by spectralista
1 month ago
I was pretty much told this in the 90s that I would have no real stability in life like my parents did and my life would be constant reinvention. That has been spot on.
It is the younger people who started their career after the financial crisis that got the wrong signaling. As if 2010-2021 was normal instead of the far from equilibrium state it was.
This current state of anxiety about the future is the normal state. That wonderful decade was the once in a lifetime event.
Yep, could be right. It might have only ever been a few stalwart professions that were expected to be constants. But I think the cost of life during the pre-2010 era absorbed the reasons those anxieties existed, whereas the severity of the rise in that cost of necessities since is the problem. As in, having an expectation of a volatile income-earning life is one thing if a house costs $80k or rent is $400, but having a volatile life with rent for the smallest serviceable apartment being $2-3k, and the same house costing $2m; that lack of stability isn't priced in by the markets