“The dirt doesn’t define the people. The people define the dirt. If the migration patterns are not reversed, countries like England and France won’t merely be seeing pointless and inexplicable murders, they’ll be seeing cannibalism and mutu as well. Because nations are people, and people never change on the basis of geographic relocation.
This really isn’t that hard. All the mythic civnattery notwithstanding, neither the Spanish nor the English magically transformed into American Indians upon their geographic relocation to America. Africans don’t magically become Europeans upon geographic relocation to England, France, or Germany either.”
And
“Remember, the Visigoths in Rome and the Hebrews in Egypt were refugees too. How did that work out for their hosts?”
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive
https://www.morningstar.com/economy/what-weve-learned-150-years-stock-market-crashes
Take a look at this what has happend in past in stock market
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?