Musings from the CU Suite

Compiled by Anthony Demangone, Powered by NAFCU

The problem with understanding the world, is that we all see things from our own perspective.  Online, I saw a meme posted on a friend’s Twitter feed. And it highlighted the problem in a flash.

Raiders of the Lost Ark was released in 1981 – a year that is closer to the end of World War 2 than it is to today. IMPOSSIBLE, I thought. I can vividly remember watching that movie in the Keystone Theater with Steve Penney and Jamie Wecker.  But 1981 was 40 years ago. And forty years before that? We hadn’t entered the conflict in 1941.

In the same light, I read that today, we are closer to 2050 than 1990. Feel free to do the math. But it checks out.

The bottom line is that we are often anchored to our own understanding of the world. Sometimes, we have to remove ourselves from the equation to get a better grip on reality.

• Enough of that! Now, on to this week’s reading pile.
• Bank of America will boost its minimum wage to $25 an hour by 2025. (BI)
• What’s next for consumers, workers and companies in the post-COVID-19 recovery. (McKinsey)
• The world economy is suddenly running low on everything. (Bloomberg)
• That’s not fair. (Godin)
• How to handle customer complaints. (Alibaba) Seems basic. But I wonder if everyone runs off this script…
• The electrification of everything: What you need to know. (WSJ)
• Lumber is coming back down in prices. (Bloomberg)
• 12 of my biggest post-pandemic questions. (AWOCS) Sometimes, questions are better than answers.
• Short their optimism. (All Star Charts)

Have a great weekend, everyone! And speaking of time, I will travel to celebrate my niece’s graduation from N.C. State this weekend. And that can’t be possible, because I remember when she was born! And I can’t be that old…