New York Times (July 5)
“A quarter of a millennium is long enough to make a nation feel permanent, as though it had always been here and always will be. But the founders… knew that they were making a wager, not a guarantee.” So far, the U.S. has surmounted seemingly existential challenges. “Each time the Republic proved more durable than its mourners predicted, not because of any magic in the system, but because enough people decided the alternative was unacceptable and went to work. Democracy is not a sheltered structure we live inside. It is a habit we must practice — or lose.”
Tags: Challenges, Democracy, Durable, Existential, Founders, Guarantee, Habit, Nation, Permanent, Practice, Surmounted, U.S., Wager
Bloomberg (May 24)
“For decades, the surest way for ordinary Chinese families to grow their wealth and guarantee future financial stability was to put most of their money into real estate, and the rest into the stock market. Now, even those with money to spare are clutching onto their cash, not willing to take a chance in the Covid-battered Chinese economy.”
Tags: Battered, Cash, Chance, China, Clutching, Covid, Families, Financial stability, Future, Guarantee, Money, Ordinary, Real estate, Spare, Stock market, Wealth
