#Financialstability

New research published in the Journal of Marriage and Family challenges the age-old adage that money can’t buy love, suggesting instead that financial stability may be a key factor in opening people up to romantic relationships. The twin studies, led by professors from the University of Toronto and Carleton University, analyzed data collected from over 4,800 single adults in the United States and Germany. Their findings show that single individuals with higher incomes are not only more likely to desire a relationship, but also feel more prepared for one and, ultimately, are more likely to enter into a partnership (phys.org; University of Toronto news).

In times of economic uncertainty, the very mechanisms designed to prevent financial chaos can often trigger unease. Such is the case addressed in a recent report by The Times, where the financial markets are experiencing significant turmoil characterized by erratic price movements, scarce information, and an overarching sense of uncertainty. Historically, we’ve witnessed similar patterns, from localized disruptions like the Liz Truss gilts confusion in 2022 to global existential threats such as the banking crisis of 2008 and the cash scramble panic in 2020. These events serve as reminders of the fragility and interconnectedness of financial systems worldwide.