Part 4/8:
By 2011, the prevailing economic narrative was still centered on a potential recovery, which was at odds with the observations made by the speaker. With a rising awareness of real-life implications, he began to ask a crucial question: Why are people not spending money? The answer—many individuals simply did not have the financial means to do so—highlighted a deeper systemic issue linked to wealth distribution.
Those from richer backgrounds often found it difficult to grasp the perspective of the average person struggling to make ends meet. The acknowledgment that families were transitioning from property ownership to renting, coupled with declining wages and increasing living costs, fueled the speaker's growing perspective on economic inequality.