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Why Are Americans So Pessimistic?

To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. Youā€™ll also get 20% off an annual premium subscription. ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ ----- My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images šŸ“© Business Inquiries āž”ļø sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com šŸ‘ˆ All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #wealth #finance #economy ----- Itā€™s the end of the year which is a great time for reflection and as someone who covers business, finance and the economy, mainly from America it looks like we have a lot to be grateful for. The USA is the largest economy in the world, and over the last five years itā€™s just pulled further ahead of its only real rival, China, which hasā€¦ not been having a great timeā€¦ Per person that means the only countries in the world with higher outputs are either oil states, tax havens or tax haven oil states. Unemployment is low, inflation is (supposedly) under control, interest rates are coming down and markets are boomingā€¦ But despite all of thisā€¦ general consumer confidence is still around all time lowsā€¦ I am 100% guilty of being a little bit of a gloomy goose as well, this year the closest thing to a good news story I covered, was a celebration that at least we weren't Canadaā€¦ So if everything is so greatā€¦ why are Americans always so pessimistic?

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