I feel about as negative on our longterm prospects as I’ve been in years.
Beyond the foundation of the U.S. system as a democratic republic, one could argue the U.S. banking system, Wall Street, and the U.S. technology ecosystem, Silicon Valley, are the two most valuable assets we have.
Benjamin Franklin, who was a prolific writer among other things, was fond of making lists. On more than one of Ben’s lists the notion of “frugality” can be found. I share the love of writing, making lists, and have a deep respect for frugality myself.
At one time, the practice of charging interest when loaning money was outlawed.
At other times, there are examples of a ruling body permitting its own constituents to lend and charge interest only to outsiders.
When I landed my first job, I rewarded myself with a Louis Vuitton scarf.
Once you are done laughing or rolling your eyes; let’s explore why I bought this expensive scarf.
