Reality-check! Depression/anxiety or taking advantage?

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Photo by Mari Lezhava on Unsplash - free to use!

After the chaos of 2008-2011, the world has entered a period of unprecedented prosperity and I hope you can agree with me on that. The pandemic was a "black swan" that reset minds and souls first. For those of "our age", the most perverse impact of COVID will be or could be the collective post-event depression. Being young, the mathematical odds of dying were/are slim, it's in the statistics. On the other hand, the odds of living with fear in our bones and giving us a mental breakdown no longer depends on youth.

We live in a time when depression strikes regardless of age and the relaxation/superficiality with which people currently treat their jobs (because there are lots of available) will lead to a deepening economic crisis. Companies will be caught with low productivity and profits unable to support all employees -> the waves of redundancies will be large and frequent. Reality-check for a few. Increased depression/anxiety for others.



Photo by Riccardo Annandale on Unsplash - free to use!

The war in Ukraine is the first major conflagration in Europe in 75 years. It seems that the weapons sent by the Americans counterbalance the balance of power, but Putin will not be able to return from his Ukrainian adventure defeated. Unless something stupid happens in Zaporije, home to Europe's largest nuclear power plant, the energy price problems will be enough to contribute to social angst. Basically, we could end up with people who not only have no jobs, but also have to pay not only double rates compared to last year, but also ridiculously high bills.

Inflation and recession plus supply chain adjustment are problems that need to be solved on the go. Politicians have been terrible at doing that. Talking about the possible impact, the fact is they(politicians) are only contributing to a perfect storm, BUT, out of the rain comes sunshine and we humans have an incredible ability to rebound. The important thing is to buy our warm season essentials when they are cheap.

Many people will suffer in the next 12 months or more. This is the truth that unfortunately none of us can change. And then we can only focus on what we can influence: our own approach to such moments in time. There are turning points in the life of everyone who wants to live a better life, to progress. Major crises are always the dramas of some and the opportunities of others. You don't have to feel bad because you wish for yourself and your family to fall on your feet. Being a smart and educated investor, capitalizing on the "blood" flowing in from all directions is one way to do it.



Photo by Miquel Parera on Unsplash - free to use!

In bear markets, crypto goes up in steps and down in elevators. :)) One day you see the whole market at 1.2 trillions only to have almost 200 billion disappear a few days later, but I think there are many reasons to be optimistic for the period ahead(that only if nothing worse and out of the ordinary happens again, something like the war in UA). If we take a step back, we could see serious opportunities lie ahead, it's just a little foggy right now, at least for me it is.
When historians will look at the last 3 years, I think they will conclude that they were EXTREMELY difficult, and I'm talking about everything added together here, not just about crypto. I'm sure that there will come a good period for mankind. That we will suffer a year, maybe two, matters less if we are prepared. In the "darkest times" we should "weave our life trajectory", but as I said in a previous post, I can't wait for September to come and see it gone, only then I can prepare to make some better-calculated moves.


If you managed to read this far, Thank You for putting up with my ramblings and please let me know what's your general opinion, and what you think it's going to happen in the next 2-3 months or more.


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23 comments
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We have a really tough year ahead of us! Who would have thought that a pandemic would not be the worst time for everyone?

Right now I'm just going to hope for the best for all of us!

!ALIVE

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Indeed, HOPE is the last one to die (there's an expression like this in my country).

Thanks for stopping by!

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(Edited)

The fascist covid respoonse of many nations, including the USA, was horribly cruel to those who were already suffering depression and other mental illnesses. Some in my own family and friends circle went without needed treatment (not everything can be a zoom call) and vital support (church and business closures--thank God in my state (NC) the churches won in court over our commie governor--he settled and 1st amendment activities were exempted from his tyranny.) I did not get depressed over covid, but over the way it was used politically and psychologically to destroy/restructure our world. The liars and the lab monsters who created the covid weapon will pay some day. Unfortunately, those with mental struggles are paying now, through no fault of their own, for the actions of evil men. My opinion, based on empirical evidence and documented research. !CTP

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The "winter is coming" soon, be prepared for another round! 😎

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I refuse to participate. No mask. No cooperation with the lies. If they want to lock me down, they will have to shoot me. As Solzhenitzyn admonished us all, "live not by lies."

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But there can't be no past or future without lies!

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Yes it is interesting to see how people view the world. Covid did change a lot of peoples perception of how the world works.
!PIZZA

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Just my opinion @drlobes
But...
It is all perception to be honest because while i understand many are struggling and i get why, i am seeing improvement and growth in my life as well as others.
If there are any crisis people are facing and let's be real there are loads right now, there are also opportunities.
No matter what goes on, there will always be crisis going on and opportunities people are taking advantage off.
The outcome comes down for each individual, the choices made depending on the perception of the situation at hand.
Thanks for sharing on listnerds
!ALIVE
!BBH
!LUV
!CTP
!PIZZA

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From our perspective, we are pretty lucky despite what is going on in the world. We have a roof over our heads and a full stock of food, etc. We have what we need and some more. My husband lost his job a year before COVID. He was well over his full retirement age to collect Social Security. He was just trying to max it out but the age-discriminating jerk he worked for wasn't having it. Again, we are lucky for what we have even though it's pretty scary out there. We can only control what we do. We can choose to go out when and where it is less crowded and the traffic is lighter on the roads to not have to deal with anyone else's road rage or expose ourselves to Covid. These are things we did anyway. So it wasn't really an adjustment for us.
As far as investing in Crypto, I dollar cost average and reinvest whatever I earn so my risk is minimized as much as possible.
!CTP
!ALIVE

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Humans are incredible. When there is no choice, they are able to adapt to the most severe of circumstances. The problem is when choices are filtered or channeled based on obscure interests.

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...choices are filtered or channeled based on obscure interests.

Heh, diving deeper into a subject like this would be like opening a can of worms! :)

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The one side I see is that when we Europeans say ooooooh we are doing sooo bad, we don't even know that we are still doing very very well.

The other is that society will become more and more divided, some who manage to stay prosperous and others who slip into poverty, that I think has the most potential to escalate.

guess how I came here to find your post ;-) if you guess right you get 1 HSBI from me

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society will become more and more divided

This is something that's not discussed enough as usually those that "stay or become prosperous" forget that maybe they were in the same dire situation at some point, nothing good can come out of a divided society.

guess how I came here to find your post

My guess is that a Listnerds fairy left a link to my post on your desk! 🤩

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Woho you solved this very difficult riddle and therefore you got your well deserved HSBI ;-)

And, I am happy you like the hand drum music, me too I love it to calm down and relax from time to time

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