For a while in both the late ’80s and ’00s, every other person you met at a dinner party (kids etc.) called themselves a property developer, or at least said they ‘were in property’. Which meant they’d done up a house, sold it at a profit and decided it was easy money. Which it very shortly wasn’t. It’s the same with the stock market. When a man fixing our boiler tipped me off about a sure-thing tech share he’d heard about at the pub, it wasn’t hard to predict the end of the .com boom. How long before we forget the Covid Crash and history repeats? A while, yet, I’d say; but history does and will always repeat, alas.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.
