In the last 5 to 10 years everything seems to suck: product’s and services quality plummeted, everything from homes to cars to food became really expensive, technology stopped to help us to be something designed to f@ck with us and our money, nobody seems to be able to hold a job anymore, everyone is broke. Life seems worse in general.
Why? Did COVID made this happen? How?
In terms of cost, the cost of doing business likely rose due to inflation over the past few years. Those costs have supposedly plateaued but costs for consumption continue to rise. My two cents are markets will continue to increase prices until demand goes down. Eventually they will lower their prices out of necessity as they compete for those who can still afford their products and services.