Mitch Morris
9.7K posts
@mitchellcmorris
Thoughts on business and life. Founder, owner, operator, professor, and ex-exec. Simplifying...
The Economist on the U.S. economy’s consistent growth outperformance relative to other advanced countries: “America’s outperformance began decades ago, but in the 2020s it has become vast. And it is likely to last. The latest IMF forecasts show American growth besting the rest all the way to 2030 and beyond…. Many of America’s advantages are hard to emulate. The country’s continental scale, single language, natural-resource wealth and the fiscal space that comes from issuing the world’s safe asset give it a unique economic advantage over Europe… But America also shows just how much other rich countries are failing to live up to their economic potential.” #economy @EconUS @TheEconomist
Are you hoping | planning to ever retire?
Young people under 35 with MBAs are facing the highest unemployment levels in nearly 20 years. Now there’s a fire sale on MBAs. A decade ago, only 32% of universities offered MBA scholarships. Today? It’s 49%. The market is dictating demand for MBA’s.
Vapes are out. Cigs are trashy. It’s time for elegance and leisure. It’s time to bring pipes back.
You could literally just read economics at the LSE, sit Part III at Cambridge and stay on for the PhD in stochastic filtering, get a seat at a Berkeley Square macro pod that runs a bigger gilt book than half the primary dealers, buy the four-bed lateral at Clarges overlooking Green Park, dm the girl whose brother was your mate from the LSE Investment Society and whose father was Chief Treasurer at Yukos, first dates at 5 Hertford Street, shooting weekends at the Highland estate the family bought in ’06, get the LP intro over Sunday roast, but you will not.
This is the Festival del Costillar Criollo in Argentina, where more than a thousand beef rib racks are slow-cooked over wood embers during a huge celebration of traditional gaucho (South American cowboy) culture and barbecue traditions.
