Trinh Profile picture
6 Oct, 12 tweets, 3 min read
Just read the review of this show: "In Darren Star’s latest series, the Sex and the City creator imagines an alternate universe where good intentions & accomplishing the bare minimum are enough."

The 1st line says that @shirklesxp , the author, speaks for her anxious generation.
She is saying that good intentions aren't enough for her & her generation & this show is basically a Bollywood version of the rampant poverty in India (Bollywood movies are escapism & fantasy for Indian poor) that a protagonist can live a carefree life, good intentions & be happy
But then to get to where we are, we must go back to Darren Star influential production on mainstream American culture, especially how women think about dating, fashion, and life: Sex & the City.

In that show, these women care more about designer clothes than growing up.
Despite in their thirties & highly educated, they run around the city searching for fashion trends, trendy people to meet & themselves or "men" or "Mr. Big" etc.

Carrie is likely the key reason many Millennials haven't grown up & anxious today in their mid thirties pushing 40s.
In that show & subsequent movies, she dates & commits to a man who basically treats her like she's trash, break up his marriage by having an affair, break up w/ a steady boyfriend, and etc etc. Meanwhile living in a flat that's beyond her pay grade. She makes few adult decisions.
She & her friends make the same mistakes over and over again in the movie & continue into their late thirties w/ few consequences. Still massively nice flats & plenty of fun. But that's a fantasy. In real life, Sarah Jessica Parker makes adult decisions (married w/ kid & career).
I bet many girls and young adults watched this show & tried to model their lives after her: moving to the Big Apple, buying designer shoes, dating around & experimenting as a benchmark for a successful life. But they find themselves struggling. Crappy flat, mediocre guys & career
But very likely they don't give up because let's be honest it took many seasons + several movies for her to be married so they do as she does making the same mistakes over and over again committing to the wrong guys (those that treat them like trash & trashing those that don't).
If they feel sad, why not go shopping for an expensive pair of shoes or bags to make you feel like a princess & "worth it". The reason why this show Emily in Paris is a fantasy for millennials is because of shows like Sexy in the City that helped millennials make poor decisions.
We extend our adolescent like the shows on TV thinking that's real life & that an aspirational life (fictional of course like that 90210 show).

We don't commit to anything & have nothing to show for it punching our thirties and into forties & anxious.

We could be like Emily.
Living a carefree with great intentions & one that aims to just accomplish enough is achievable & shouldn't be looked at cynically.

We don't achieve those goals for many reasons that are both systemic and due to poor personal choices thanks to Darren Star.

Read my pinned tweet
People say, well, what does this have anything to do with economics?

Don't you know that human psychology leads to human behavior & actions & that's what economics is?

The genesis of our poor financial decision is POPULAR CULTURE THAT GLORIFY POOR DECISIONS like Sex & the City.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Trinh

Trinh Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Trinhnomics

7 Oct
Have you ever hung out at central bank websites? I highly recommend it & some are more fun than others. Defo got more useful information than Twitter and even research reports.

Was reading this paper on inflation forecasting, the Indian experience.

rbi.org.in/Scripts/Public…
Anyway, why inflation? I think inflation is like the holy grail of economic data. It tells you basically almost everything you need to know about the economy.

The weight of food, shelter, energy, healthcare (essentials vs discretionary) & how the costs of those things change.
Other than weights (developing economies tend to have more food), u can know about culture, weather patterns, distribution network etc. Culture shows up in seasonal pattern. Weather shows up in food prices. Distribution network shows up when got plenty of supply but prices rise.
Read 10 tweets
7 Oct
Back to my millennial musing. Read an article today in the WSJ (financial advice column) that didn't even mention interest rates. Wuat???

How to get a mortgage w/ student loans: author suggested a bunch of quick fixers to "look good" to get more debt!

wsj.com/articles/what-…
First, if u have a financial adviser that tells you a bunch of stuff without discussion with you the following:

a) Opportunity costs of time & money, as in interest rates
b) You ability to manage your debt

BUT emphasize your getting more debt then u should be very very waried!
This article reflects everything that is wrong about our American culture that promotes you getting more debt! Buying more things!!! (This time a house you may not afford). No where does it say, buy a house when you can afford it.

Nuts!!!
Read 10 tweets
7 Oct
Good morning! Shall I cheer you up with some good news? I mean, who is tired of Trump & Biden outrage blah blah? 🙋🏻‍♀️.

Let's talk about where we are: We are here! Turning the corner from horrible Q2 and growing again (okay, let's temper this a bit as Q4 looks dicey for Europe)!💃🏻 Image
India is going from zero to hero again!!! Manufacturing PMI bouncing back but the bad news is that services still in contraction & services > manufacturing for India.

Still, hope springs eternal! Image
This is China manufacturing PMI. It's like totally flat-lining at expansion but not too fast at 51.5 in the latest September print. Image
Read 6 tweets
4 Oct
a) He is saying that this is EURCNY moves, which means CNY tracks DXY, which is roughly 60% EUR

b) China did this since 2015 b/c EUR went on sale vs USD & CNY in 2014 massively (JPY too) in a form of FX war & so devalued to not be too expensive

c) The dollar 💵 remains king 👑
The dollar being King 👑 has nothing to do with it being up or down but rather how much of that is being traded.

As in the value of a currency doesn’t tell u the volume of internationalisation.

What holds the CNY or CNH back is China’s capital controls not the USD.
Once a while u get people writing the rise of the red back blah blah & the currency will be fully convertible in say 2 years.

That has been a moving target for a decade now.

Unless China wants to let it go, as in let go of capital control, dollar is king.
Read 7 tweets
29 Sep
All these stories have one thing in common: these people are in the early or late thirties but unmarried/uncoupled, alone, paying rent & living alone in a city & so when the pandemic came the allure of the city disappears & only costs show up. Nothing wrong about coming home but
These adults represent the trends we see about millennials (older millennials shall I say) & that we treat our thirties like our twenties, prolonging life-long choices such as finding a life partner, a career to stick around & also investing in the future beyond the short-term.
All choices have costs. If they are lucky, parents live close to the city & nice & they get along with & basically providing the nuclear family that they should already be creating on their own. I wonder if going home helps them realize that they have to make adult choices soon.
Read 10 tweets
29 Sep
Reading about pension systems in Asia & it makes me wonder if people in general understand that life isn't linear but clearly terminal. As in it looks something like the below chart & whether we go into the sunset gracefully depends on how we spend our youth (or not spend).
Or like this. In my mid thirties so I should be in my peak saving mode & even more so in the next decades.

Wonder if high school students are taught this. We all will get old & can't work forever (or work in a different way that is less taxing on the body) so have to prepare.
Of course what I'm talking about is an individual level. Pension systems are a systemic way to deal w/ aging. Anyway, interesting stuff. US social security is something that we don't have in most of Asia (systemic saving & spending to help elderly Americans irrespective of income
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!