The psychology of fear keeps us prepared for the worst economically, but that’s the wrong way to go

Expecting the worst and hoping for the best in a downturn isn’t really a plan. It’s an unhealthy state of mind. Ireland is showing the first signs of a real slowdown. In other countries – such as the USA, Great Britain or Germany – the downward movements that were still early a few months ago have picked up speed.

Unfortunately, so many people in this country remain mentally scarred from the perfect storm-collapse of 2008’s real estate, banks and finance agencies that we default to fearing the worst.

https://www.independent.ie/opinion/comment/psychology-of-fear-makes-us-prepare-for-the-worst-economically-but-that-is-the-wrong-tack-42120106.html The psychology of fear keeps us prepared for the worst economically, but that’s the wrong way to go

Fry Electronics Team

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