The Great Gatsby was one of my favourite books, and I even had a soft spot for the Robert Redford movie (really don’t bother with the new one). All the fun and glamour was doomed to end, and we know how badly it ended, Gatsby in the swimming pool (spoiler), depression, fascism, war. But just because stock markets have recovered so strongly in the past 12 months doesn’t mean we, too, are doomed. Despite my regular contention that history repeats, it’s a very different world, certainly financially. What goes up does come down, yes, but it’s too early to panic, I’d say. We haven’t started partying yet.
“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.
