As the period of globalization and technological advancement proceeds incumbent workers, ie. the youth, face increasingly harder and higher standards of competition. The follow are the largest factors: Decreased friction - Job postings, university applications, investments and economies have all reduced friction in their processes. Each one of them you can get almost perfect information as to what exists and how you could fit into that picture. The competition pool for jobs has shifted from immediate vicinity that happens to see the posting, to the entire subset of people meeting the basic qualification in the world.

Everything can be scary. Getting a job. Losing a job. A virus. An expensive mistake. What differentiates the warriors from the plebs is how you deal with this. You are allowed to have shit days. They happen. Averages don't matter. Avoide walking across a river that is 4’ deep on average. It won't go well for you. On bad days, you have the chance to be stoic. Calm down and take inventory of your situation and reflect.

The destruction of so many lives this week will come as a result of many decisions made in the last decade. The mess in the system is slowly unravelling. As the “value” of many businesses, assets and currencies evaporates it is the market pricing in what has happened and what it thinks might will happen. As no one knows, volatility has entered the realm to encourage people to act in order to once again find an equilibrium of sorts.