4 ms·
Maybe it's a reflection of a sort of long term, virtuous loop. Stability brings wealth, wealth reinforces the need for stability. Shocks can occur (e.g. Japan a
by atomic77 9y ago
Maybe it's a reflection of a sort of long term, virtuous loop. Stability brings wealth, wealth reinforces the need for stability. Shocks can occur (e.g. Japan and Germany most recently) but note how quickly they're right back where they were, at least on multi-generational timescale.