
The Winds of Change
The Memo by Howard Marks
What Caused the Pandemic?
The slower economic growth seen since roughly two thousand reduced the rate of job creation and advancement. This may have made concepts like career and long term employment less appealing to some young people. Many people can afford not to work, at least for a while, perhaps because they've made more money not working than they did working. People nearing retirement may be choosing to start it now, rather than seek a job for the interim. Some families may have opted to become one worker households, giving up on the fast track and potentially higher standards of living facilitated by two incomes.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.