The Core Skill Going Forward: Frugality

from blog oftwominds-Charles Hugh Smith, | ↗ original
Speaking of lean years, it took the NASDAQ stock market index almost 17 years to recover its March 2000 high of 5,048. The core skill going forward--frugality--is largely a forgotten skillset. So let's examine frugality. Conspicuous waste is part and parcel of conspicuous consumption, which is a signifier of wealth and status. The more one...