Scott Galloway considers the signs we’re approaching a financial crisis. This one caught my eye
I spend more time thinking about softer metrics that, in my view, signal we’re about to get rocked. Some signals that feel so 99:
— Mediocrity + two years tech experience = six figures. Kids who can code and are two years out of school, who are mediocre, are making 100K+ in the market. What’s worse is they believe they’re worth it. If you can code, yay for you. But if you have no real hard skills or management ability, not recognizing you’re overpaid means you won’t have the funds to avoid your parents’ basement when shit gets real.
I think that must be highly localized both geographically and in terms of industry. I don’t see anything like that here except in the financial sector. I think that this is his most telling warning indicator:
A lot of articles explaining why “this time is different”