Printing trillions of dollars and making the equity market unstable means most rich people have at least 30% of their investments in family homes.
In some cities in Canada, negative equity is a common reality. This is when investors pay more than the house is worth. To them it’s just a better...
If africans were given the education to manage the resources in their new homes then there's a high possibility they won't burn it all down.
However even if the westerners had some resources to help with transitioning to a life in Africa... They'll likely devolve within a couple decades...
Chaebols was the silver bullet. They learned it from the Japanese.
You need to consolidate your resources and efforts to be world-class in one thing instead of be mediocre in a lot of things.
However your people have to be smart enough to want to maintain the system.
Once the Chaebols...
Tax it 90% would increase the price 10x. Harsh punishment on smugglers.
Overnight the Somali economy's productivity would 10x.
Nothing more productive than a group of crack head
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