Since this thread has been so popular over the last year or so, it could be a clear sign the economy is doing worse than they are saying it is. We already know that we are in a ‘technical recession’ but there is also an economic measurement called the ‘stripper index’ which I have read about and it is how those of us in the sex work industry are really good at predicting how the economy is doing. As with the kind of services we offer, men are most likely to cut it out of their discretionary spending if they just no longer have as much money available. I know this does not apply to all clients but it is a good theory since the main aspect of this theory is that unfortunately we are usually one of the first industries to be hit when things are not going well in the economy. Therefore, can act as a good predictor for how the wider economy is currently performing or can perform in the near future.
Gross Domestic Product or GDP has consistently grew at insignificant levels over the past few years (usually around 0.1%). This actually means that GDP Per Capita or GDP per person has fallen in recent years in the UK as our population has grew but there is less money to go around per person. Without wanting to sound too political, I believe Brexit is a big factor behind our rather slow economy.
I believe things could improve though when we do have a change of government who manage the economy better and put more investment into the country. The government at the moment have put a lot of work into slowing inflation which is a good thing as it means our money goes further, but then that can negatively impact us in our profession as it means people have less money to go around and what they do have just doesn’t go as far as it did in the past. A cut in interest rates would really benefit us as it would increase monetary supply within the economy and act as a domino effect for economic growth (the client spends money on our services, we spend money on products / services that we want and need, businesses grow and expand and the county grows richer.)
Hang in there everyone we can get through this tough patch and I’m sure things will start to be on the up for us again as an industry soon. We are living through extraordinary times.