happened in the bursting of housing bubble in 2008. Unsustainable inflation is happening right now globally and that’s why interest rate hikes are evident that signal another recession is coming soon that will shock and disrupt normal economic conditions.
The ability to delay gratification in pursuit of a goal is necessary to achieve almost anything. Very little of what we do on a moment-to-moment basis is gratifying – most of us have the obligations we have to meet, big-picture goals we’re working towards, or personal improvements we’re looking to make. All of these require us to delay immediate gratification in favor of xliv
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