Category: Opinion
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Challenges and Opportunities of Declining Birth Rates
Fertility rates are falling worldwide, across all income levels, education backgrounds, and labor force participation rates among women. According to the World Bank and UN estimates, the current global fertility rate is approximately 2.4 children per woman—down from about 5 children per woman in the 1950s. A replacement fertility rate (the rate needed to maintain…
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Why Young People Feel Hopeless About Money—and How to Change That
in OpinionI have a few young friends and family members, and I often try to spark their interest in the stock market, investing, or starting new ventures. Sometimes, I get a few nods and smiles; other times I get an eye roll, but most of the time I get ignored or dismissed. When I came to…
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Why Elon Musk turned to the Right
in OpinionElon Musk is one of the business leaders I admire most. With the U.S. elections approaching and Elon Musk putting his support behind Donald Trump, I wanted to understand why, especially since he was once more aligned with the Democratic Party. His shift in political alliances is particularly interesting given that only a few years…
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The LA Church Pays $1.5 Billion For Sexually Abusing Children
in OpinionThe church has sexually molested more children than any known institution in the planet. I can’t understand how it is allowed to operate. If any corporation in the world had committed a fraction of their crimes, it would have been dismantled long time ago. But not the church… Thousands of children have been sexually abused…
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From the Roman Empire to Today: How the U.S. Became the World’s Economic Leader
in OpinionFor the past 20 years that I have been investing in the stock market, I’ve learned from numerous finance books and blogs that the best way to grow and preserve capital is to diversify across different types of securities (bonds, stocks, cash, etc.) and, within the equity portion of the portfolio, to diversify globally. Forget…
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Entrepreneurs are mentally unstable people
in OpinionMaking money is not hard. From an intellectual point of view, it is not hard at all. Practically, anyone can create the equivalent of a lemonade stand and start making money in their first year. My first business in Canada was a dance school. My partner and I rented a dance studio by the hour,…