Dumb Money and Moo Deng Makeup

“a dizzying example of late-stage capitalism”

I’ve spent a lot of time thinking about the contrast between headlines like “Generation Z is unprecedentedly rich,” published in April by The Economist, and “The cost-of-living crisis is so bleak that some Gen Zers genuinely fear becoming homeless,” published less than a month later by Fortune. These are just two examples, but the internet is brimming w…