Ed Elson

And we had over, looked at the data, 800 audience questions.

And if you were to summarize them in one sentence, it would be that people aren't worried about the economy, they're worried about their place and their children's place in it.

So it's gone from greed to anxiety, and it's moving towards the greatest luxury in America is moving from wealth to certainty.

And it just reminds me of happiness studies.

And that is every year they rank

the nations on who are the happiest.

And every year, six of the 10 happiest places in the world are in Northern Europe.

And I'm going to Stockholm next week.

And whenever you go there in the summer, you sort of understand why they're so happy.

And then you go back in the winter and can't figure out why they're happy.

But it's not the beautiful weather or the beautiful people.

What it is is that happiness is not only a function of what you have,

but an absence from the fear of things being taken from you.

And that is, it's great to have a lot of money, but what's even more important to happiness is not worrying that if your wife gets lung cancer, you're also gonna go bankrupt.

And in the US now, we've decided to optimize the happiness for people who have a lot of money at the expense of the anxiety for people who are in kind of in the lower 90, especially I think the upper middle class who have more economic anxiety than they've ever had.

And you could just feel that in the questions, people asking what should their kids do?

What skill would you give your kids?

What is the likelihood my industry gets disrupted here?

So in a certain way, it was kind of, I don't want to say disheartening, but people are really...

People are just worried.