This episode revisits the motivations, expectations and emotions in the past — reaching right back into childhood years — which may have led to an overweight problem today, and how to let go of that baggage. It discusses a personal challenge, of course, but it could be approached as an analogy for the way that the post-war call for Attleean universal welfare has driven seven decades of excess public spending so that our country is now groaning from the weight of excess debt. It might therefore help politicians to let go of their emotional baggage and focus on a new slimline style of government which targets help and support where it's needed.
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For those searching for a long-term investment perspective risk and volatility are big issues: and there's no better example of that rollercoaster ride than crypto-currencies. Adam Cox has chosen to focus this episode on Bitcoin due to its reputation for major swings in value — but it applies just as well to major asset sectors such as property and stocks. The fact is that cash left on deposit at a time of high inflation erodes real value just like a leaky bath: so it's important to come to terms with asset risk and not to suffer 'analysis paralysis'. Adam's time machine and rollercoaster analogy might help.
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