Excerpt:
"Moreover, some of the causes of low interest rates might give reason for concern. For example, if they reflect low growth expectations, then counting on strong growth to reduce the debt-to-G.D.P. ratio, as the United States did after World War II, might not be an option.
In the end, low interest rates are a double-edged sword. We don’t yet know which edge will be sharper."
https://www.nytimes.com/2020/12/04/business/low-interest-rates-puzzle.html
On historical returns of portfolio allocations
https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations
Future Restaurant.
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