diff --git a/daily.md b/daily.md
index c32630381..b1d72dfa2 100644
--- a/daily.md
+++ b/daily.md
@@ -6,7 +6,7 @@
   - [[fight procrastination]]: 
     - Update (2024): I think this fight is well advanced :) It still takes me too long to do some things, but I think I've gotten a lot better at prioritizing and a lot of the time when something does take me long it ends up being because 1. it is quite difficult (so it just literally takes time to do) or 2. I am balancing it with a lot of other things, so it makes sense it takes me a while to get to it.
   - [[help others]]:
-    - Update (2024): I have been quite involved in subsets of [[Effective Altruism]] in the last few years. Recently I ramped down some of my recurring donations to prepare for a [[new economic reality, but I remain committed to donating a significant chunk of my income.
+    - Update (2024): I have been quite involved in subsets of [[Effective Altruism]] in the last few years. Recently I ramped down some of my recurring donations to prepare for a [[new economic reality]], but I remain committed to donating a significant chunk of my income.
   - Build an [[Agora]].
   - Write [[Flancia]].
   - Learn [[useful]] and [[interesting]] things.
diff --git a/new economic reality.md b/new economic reality.md
new file mode 100644
index 000000000..6986fac7a
--- /dev/null
+++ b/new economic reality.md	
@@ -0,0 +1 @@
+- The reason many bad things, like [[layoffs]], are said to happen.
\ No newline at end of file