You were only 16 when the market crashed just before 2021. Everyone saw it coming, but the only people with the power to do anything about it had just made massive bets on it. A few banks went under, but their assets were just bought and consolidated into larger banks.
There’s a famous Joseph Stalin quote that goes; “One death is a tragedy, a million is a statistic”. There’s an element of truth to it.
There’s also a tradition in economics that, when concepts get too big, you start breaking them down into helpful visuals.
Unfortunately, I’ve decided to twist their powers to convert statistics back into tragedies.
One of the hardest parts of weekly updates is coming up with ideas every week. Writing advice especially: It’s hard to know what you know. An advantage of taking editing commissions, then, is finding out what other people don’t know when I have to explain things.
This led to me having to explain two things that I’ve been careful of in my writing, but never actually had to think about before. Which probably means it’s something I’ve never seen taught, and I’m not plagiarizing anyone by giving this advice.
Score.