Jason Markow

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Is Gen-Y Redefining the American Dream?

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富不过三代 (fu bu guo san dai) Is a saying that has been stuck in my head for quite a while (since my first reading of The World is Flat by Thomas Friedman to be precise). The translation closely works out to “Wealth does not surpass three generations”. The theory is simple; The first generation has their nose to the grindstone and earns a killing, the second generation holds it all together by saving it, and the third pisses it all away.

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