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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 have seen 3 crashes, the causes of these are very similar (human behaviour).

    Part of the process of recovery is to present the public with the situation in as realistic a way as possible. Austerity strategy did not work.There were clearly people who did very well out of the 2008 crisis and the most recent slump. I think the current situation is very different and maybe you wont see again in your lifetime because it is related to war. Its worth hanging onto what you remember from now because it will be rewritten.

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  • I have seen 3 crashes, the causes of these are very similar (human behaviour).

    Part of the process of recovery is to present the public with the situation in as realistic a way as possible. Austerity strategy did not work.There were clearly people who did very well out of the 2008 crisis and the most recent slump. I think the current situation is very different and maybe you wont see again in your lifetime because it is related to war. Its worth hanging onto what you remember from now because it will be rewritten.

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