The Unseen Crisis in Corporate Bankruptcies | Normalcy bias DESTROYING our way of life

In today's live video, we dive into two separate but equally important topics that are shaping our current socio-economic landscape: the unseen crisis in corporate bankruptcies, and the destructive impact of normalcy bias on our way of life.

In the first part of the video, we shed light on the worrying trend of corporate bankruptcies. These are not just figures in financial reports – they are tangible events with far-reaching implications for employees, shareholders, and the wider economy. We delve into the causes behind the surge, the industries most affected, and the potential repercussions if this trend continues unchecked.

In the second part, we turn our attention to a psychological phenomenon that is often overlooked: normalcy bias. This cognitive bias can blind us to the severity and likelihood of disasters, leading to poor decision-making and inadequate preparation. We unpack the science behind normalcy bias, discuss its implications in various real-world scenarios, and offer insights on how to overcome this bias to better safeguard our future.

Join us as we explore these crucial issues and strive to foster a deeper understanding of the complex world we live in. Your perspective on these matters might never be the same again.

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