The Econ Odyssey
Chronicling my journey through money, markets and mayhem!
Category: General Posts
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There’s a special kind of pain in admitting you were wrong. Not just wrong in theory — wrong in time, energy, money, emotion. You’ve invested months into a project that isn’t working.Stayed in a relationship that feels heavier than it should.Held onto a stock that keeps falling because “it’ll recover.” And somewhere in your head,…
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When war broke out between Russia and Ukraine, it was easy to think of it as a regional crisis. Two neighbouring countries. A geopolitical conflict. Tragic, but distant. And yet, within weeks, fuel prices spiked across continents. Food prices surged in countries thousands of kilometres away. Inflation worsened almost everywhere. Central banks scrambled. Governments panicked.…
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When the economy slows or prices spiral, the same question comes up again and again:Who’s actually in charge here? Is it the government, announcing budgets and stimulus packages?Or the central bank, quietly tweaking interest rates behind closed doors? The short answer is unsatisfying but honest: both matter — and neither fully controls the economy alone.The…
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When unemployment numbers are announced, they’re usually delivered as a single percentage — neat, precise, and deceptively simple. “Unemployment stands at 7%.” But behind that number are millions of people in completely different situations. Some are between jobs. Some are trapped by outdated skills. Some are victims of an economic downturn. Others aren’t counted at…
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Economic growth is one of those phrases that sounds reassuring by default.More growth means more jobs, higher incomes, better living standards — what’s not to like? Governments chase it. News channels celebrate it. Countries compare it like exam scores. And yet, when you look closely, sustained economic growth is surprisingly rare — and incredibly hard…
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Every boom feels different while you’re living through it.Jobs are plentiful. Spending feels easy. Investments rise. There’s a quiet confidence that things are finally working. And then — almost without warning — it ends. Layoffs start. Markets wobble. Prices feel heavier. The same people who were optimistic six months ago begin asking, “What went wrong?”…
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At some point in the last few years, most of us had the same realisation.Groceries cost more. Coffee costs way more. Rent feels borderline criminal. And somehow, salaries didn’t get the memo. That creeping feeling, that your money doesn’t stretch as far as it used to, isn’t imagination or bad luck. It’s inflation. And despite…
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Every time petrol prices rise or someone complains about taxes, there’s always that one person who says, “Why can’t the government just print more money?” It sounds logical, right? After all, if the problem is that people don’t have enough cash, then surely the solution is to make more of it. A few extra notes,…
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I didn’t fall for economics in a classroom. I fell for it in the chaos of everyday life.It was in conversations about why petrol prices rise overnight, why my favourite brand suddenly costs more, or why governments can’t just “print more money.” Somewhere between curiosity and confusion, I realised economics wasn’t just about numbers. It…