Potential, Picasso, Population and P...

The fourth P is Parenting or psychologists. The trend is for adult children to "ghost" their parents altogether based on what psychologists have said. Read on...

Potential

Potential is that forever elusive thing that most of us chase. Parents proudly announce that their child is a prodigy (some are, most are hitting average milestones). This post is meant to celebrate the late bloomers.

Success isn't always a race. Here are 3 fascinating facts about late bloomers that might surprise you:

1. Darwin's Delay: Charles Darwin, the father of evolution, was considered an ordinary student. 🐢

2. Picasso's Patience: Pablo Picasso, the iconic artist, didn't gain recognition until his 40s. 🎨

   

3. Reagan's Rise: Ronald Reagan, the 40th U.S. President, found his political footing in his 50s. 🦅

Labor 2030 according to Bain Insights

Sometimes it is fun to go back and look at predictions made just the other day. Bain’s team analyzes the impact of aging populations, automation technologies, and rising inequality on the global economy. They predict, these factors will likely lead to a volatile and disruptive business environment in the 2020s (we are in 2025 now), with significant implications for businesses and investors.

Demographics - it is going to be the game changer because it will lead to

• Financial strain on capital markets as a large cohort of people retire and liquidate savings.

• Increased spending by older households, particularly in healthcare, housing, and transportation.

• Potential for a pension crisis or government finance crisis due to increased longevity and the strain on public retirement systems.

  

  ---

  Trend: Adult children ghosting the parents

  In the recent times, someone in the family had mentioned that her daughter wanted to have no contact with her. “My therapist told me to cut off all contact with you for the sake of my own sanity.”

The Economist covered this trend. I recommend that you give it a listen. Let me know what you think is the reason why this is happening.