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This is why I feel like hyper-specialization in universities should be limited to masters or doctorate degrees- if the market for airplanes goes poof, then a "I can design ailerons" type of degree is basically worthless and can mean that you won't be qualified for a job for a while.

One of the things that Jewish communities have done for a while is have the men gain both a skill (university degree), and a trade, so that if one fails, they can switch to the other and still provide for their families. For example, after getting laid off in an economic downturn, being able to fix others refrigerators might be the thing that keeps yours from going empty.

The other thing that I wish people would learn is living well within their means, so that if something happens, they don't lose everything that was theirs / the bank's.



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