Your Kids Might Never Move Out
Also: we're paying Russia's bills + meetings suck
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The proportion of 25-34 year olds living with their parents has more than doubled since the 1970s. In the past, people delayed marriage - a typical catalyst for household formation - to invest more in their education and careers (particularly women, who previously didn't have the opportunity).
Going forward, I expect more young adults to live with their parents, but this time constrained by prohibitively expensive homeownership costs. This means parents need to prepare and manage their lifestyle expectations accordingly.
We continue to pay Russia’s bills by purchasing its oil and gas. Are we our own worst enemy?
Unfortunately, demand for energy is inelastic and in many respects a case of life or death. Russian natural gas heats European homes during the winter. Russian natural gas is used to produce nitrogen, a critical fertilizer used to grow food to feed the world. Food and shelter - two of Maslow’s most basic needs.
As long as we buy Russian energy exports we continue to fuel their military machine.
According to management guru Peter Drucker, “meetings are a symptom of bad organization. The fewer the meetings the better”. I couldn’t agree more. And the data supports this statement.
The chart below shows the impact of fewer meetings on worker productivity and performance.
Want a more engaged workforce?
Want a more productive workforce?
Want a more collaborative workforce?
The answer is clear: reduce the number of meetings.