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piszek.com | ||
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ryancaldbeck.co
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| | | | | "Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it." - Albert Einstein "My wealth has come from a combination of living in America, some lucky genes, and compound interest." - Warren Buffet "Understanding both the power of compound interest and the difficulty... | |
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www.barelkarsan.com
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| | | | | Charlie Munger is Warren Buffett's right hand man at Berkshire Hathaway. Over the next few weekends, we'll be summarizing the text he author... | |
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aaron.blog
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| | | | | Before Working Remote In July 2013 I started working remote at Automattic working on the WordPress for iOS app. I was pretty happy with my life at that time and the transition to the new job was not for reasons of disliking my previous job. In fact I loved working | |
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michael-hudson.com
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| | | [AI summary] This article delves into the historical context of economic systems, focusing on the collapse of ancient civilizations like Greece and Rome due to oligarchic structures and unsustainable debt. It highlights the contrast between ancient practices of debt cancellation and modern financial systems, emphasizing the importance of debt forgiveness to prevent social and economic collapse. The discussion includes insights from economist Michael Hudson, who argues for the necessity of debt cancellation as a means to restore economic balance and avoid the fate of ancient civilizations. The piece also touches on the implications of global debt, particularly for the Global South, and suggests that debt forgiveness could be a critical step toward justice and... | ||