Another global financial crisis is coming. According to Deutsche Bank, there are 11 dangerous situations in precarious balance at present. If one of them tips the rest will follow like dominos.
Wages have been rising slower than inflation for the last eighteen years. Official inflation rates do not reflect the real cost of living. They are misrepresented for political reasons.
We need to learn to avoid debt, live within our means, and prioritise only what is necessary for good health.