Baby Buffett: How to invest for children
Many Happy Returns
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The Historisis Effects of Austerity
Austerity that we had after the financial crisis was a much bigger burden for younger generations. High unemployment among the young to day can have lasting effects on their welfare and their children's welfare. So it's like you are not investing enough. Historisis is a physics word. Did you know that? Noy what does it meana? If you're magnetizing something, you get this history sis effect. But essentially, it's the idea that the system remembers the past. And i also read a good piece from noah smith, who's another economist. He has the concept of screwage,. Like who you screwing overha, with the with issuing debt, and
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