David Thayer is a prominent investor in Philadelphia who formerly served in the military. It’s something he noticed while serving in the military that will be the subject of this write-up.
Thayer was sent to Bosnia at the height of the country’s troubles in the 1990s. Upon landing in the poor and war-torn country, he came across a statistic indicating a level of unemployment in Bosnia that reached well into the double digits. The only problem was that the stat was visibly absurd. As Thayer recalls, every Bosnian was working and the work had an all-the-time quality to it.
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