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Question to people aged 40+

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I am 29, and I watched a documentary about the 2008 financial crisis, and of course I was too young in 2008 to really "feel" it. It got me to think about our current economic climate, so my question is relatively simple to those who were adults in 2008:

Is the world right now in an actual really, really tough time economically, or am I and my peers just "feeling" and "seeing" it because we're now adults? For example, did you feel similarly, or perhaps even worse, during and after 2008?

Sorry if I sound ignorant, just don't know how much I can trust my own instincts as I tend to overdramatise things presented to me by media.

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  • I don't think we've ever recovered from the 2008 financial crash, it wasn't of our making, but we, this country and the people ended up paying massively for the irresponsibilty of others. I had seen other finacial events, depressions, massive unemployment in the 1980's. I do think when you encounter your first one, it's a bit of a wake up call, but to be honest they dont' get any better.

    Whilst looking at data and statistics will give you one view, it dosen't give the feelings of being in the midst of economic turmoil, worry about losing your job, how you will cope with increased costs etc.

    There's not a great deal any individual can do about it, just be a canny shopper and spender and don't believe people who tell you they've got quick fixes, they haven't, if they had theses "fixes" would of been done already

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  • I don't think we've ever recovered from the 2008 financial crash, it wasn't of our making, but we, this country and the people ended up paying massively for the irresponsibilty of others. I had seen other finacial events, depressions, massive unemployment in the 1980's. I do think when you encounter your first one, it's a bit of a wake up call, but to be honest they dont' get any better.

    Whilst looking at data and statistics will give you one view, it dosen't give the feelings of being in the midst of economic turmoil, worry about losing your job, how you will cope with increased costs etc.

    There's not a great deal any individual can do about it, just be a canny shopper and spender and don't believe people who tell you they've got quick fixes, they haven't, if they had theses "fixes" would of been done already

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