Money
“Risk, then, comes in two flavors: “shallow risk”, a loss of real capital that recovers relatively quickly, say within several years; and “deep risk”, a permanent loss of real capital.”
“Now is the time to make sure your Asset Allocation is such that you can tolerate the storm. If you wait until the storm is upon us, it is too late.”
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In 1050 AD, the Native American cosmopolis of Cahokia was bigger than Paris (Credit: MattGush/Getty Images)