Lol, not the first recession for millennials. For the older ones, it's the third? Early 90s and early 00s parents might have lost their jobs during either of those downturns.
Then graduating college during the mortgage crisis. Now the current one if you were lucky enough to make it through covid unscathed.
The resulting increased supply has always led to prices to stabilize and a higher average quality from competition. The only difference this time around is that foreign immigration policy might be tightened up to support domestic manufacturing. Most likely won't affect Korea, as they are in high tech and one of the US' closest allies. might be an attitude change afterwards though, as the US loses some of it's shine (much like how c-org service/attitude levels dropped off a cliff in the last 20 years as we see the result of the one child policy and China's economic boom).
OP is talking about the managerial level, who see the slixia escort or have sugar babies, not concerned with value like us. I think he's a executive assistant or a startup VP, lol. For the vast majority of us, we already budget around our fun, so unless we lose our jobs, it's doesn't really impact us. Millennials especially, know about the long term view from investing, so I mourned my portfolio after inflation hit 7% after a few months, lol.
The bear market is actually a positive, because it actually affects the ultra-wealthy (who rely on loans backs by their shares for their expenses) and when rich people get butthurt, things actually start happening politically.
Then graduating college during the mortgage crisis. Now the current one if you were lucky enough to make it through covid unscathed.
The resulting increased supply has always led to prices to stabilize and a higher average quality from competition. The only difference this time around is that foreign immigration policy might be tightened up to support domestic manufacturing. Most likely won't affect Korea, as they are in high tech and one of the US' closest allies. might be an attitude change afterwards though, as the US loses some of it's shine (much like how c-org service/attitude levels dropped off a cliff in the last 20 years as we see the result of the one child policy and China's economic boom).
OP is talking about the managerial level, who see the slixia escort or have sugar babies, not concerned with value like us. I think he's a executive assistant or a startup VP, lol. For the vast majority of us, we already budget around our fun, so unless we lose our jobs, it's doesn't really impact us. Millennials especially, know about the long term view from investing, so I mourned my portfolio after inflation hit 7% after a few months, lol.
The bear market is actually a positive, because it actually affects the ultra-wealthy (who rely on loans backs by their shares for their expenses) and when rich people get butthurt, things actually start happening politically.
