
Doomerism, Nostalgia, and the Economy | Kyla Scanlon
Mind Your Money
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The Impact of the Great Recession on Our Biases
The Great Recession in 2008 has an impact on why we think there's doom or is it? It was so bad back then that this next thing just has to be as bad. I feel like after 2008, like of course that's a poor comparison being broken up with to Like a national worldwide recession. Sometimes I think that after 2008, it was easy to say, Oh, that was terrible. But that was a once in a century, one off event. It's probably not going to happen again. In the early days of COVID, when things collapsed again and everything was shut down, then I think it was easier to say, maybe that's just how the world works every 10
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