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Why will the world be so much worse off at 400 trillion instead of 70 trillion? Presumably “the world” will have many many more folks making more money by then
by ec109685 9y ago
Why will the world be so much worse off at 400 trillion instead of 70 trillion?
Presumably “the world” will have many many more folks making more money by then given the rates of economic growth in third world countries. 10B people can cover 400T in 10 years paying just $10 a day.
- mattmanser 9y agoWestern world has stopped having as many children, hence why governmemts are dead keen on immigration even though their constituents aren't.
- pjkundert 9y agoHowever, immigrants are not “fungible” (as much as central planners wish they were). In fact, it’s becoming evident that certain immigrants may be a liability, and even displace potential immigrants who are valuable. This will be addressed as the facts unfold themselves, I suspect.
- urbanjunkie 9y agoWhy are dogs barking? Perhaps they hear a whistle...