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Old 04-02-2022, 11:46 AM
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Originally Posted by Unregistered View Post
To add on:

In an economic crisis, if you had a choice of medicine with no insurance coverage, would you choose generic medicine or branded medicine?
Say the generic medicine cost $0.10 per pill but the branded medicine cost $3 per pill?
Obvious answer.
Scaled legal fees for litigation will help to recession-proof law firms somewhat, but that means salary has to come down.
Salaries have to be sustainable. Draw an excessive amount and you’ll be first few to go in a recession. Unless you say that there will be no recession for the next 2 decade which is essentially the span of your working life, then yes, ignore everything said here.
The pith of your argument is essentially this - be a frog in the well and not venture out into the wider world, because you'll be safest hiding from predators in the well.

Or to use my earlier analogy, be a PHV driver rather than an SIA pilot because Grab drivers can weather the effects of a downturn better.

Not everybody is content to constrict their career potential with the mindset of a doomsday prepper. Rational people seize the opportunities they are capable of obtaining, and adjust accordingly in response to vagaries of life / the economy.

I cannot agree with your mindset and that's the end of it.
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