Lions are guilty of seeing the Bengazi scandal as over hyped, back in 2016.  Now that the democratic party has re-enacted the Bengazi scandal on a larger scale, the mentality which led to instability in the 2008-2016 years seems to be an underappreciated constant.  The world was peaceful from 2016-2020.  In only 6 months, it's back to the instability.


There's surprisingly little institutional knowledge these days of a stonk market that doesn't rise 10% every year. Boomer investments don't yield 10% per year. They lose 50% some years, lose 10% some years, then earn 10% on the remaneing principal for 10 more years. The return is also taxed as regular income in Calif*, so it's 5% in the best years. Millennials have never experienced a long term bear market like generation X after 2000.






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