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As it turns out, those investors are generally in the successful areas, though... so, they're not around to ask. I mean, am I wrong? You're right that banks ar
by coder543 8y ago
As it turns out, those investors are generally in the successful areas, though... so, they're not around to ask. I mean, am I wrong?
You're right that banks aren't going to be excited about that, but if you have no local billionaires looking to take a risk, what are you supposed to do? Move to an area with lots of investors? That just reinforces the cycle of low wages in the area you moved from, it doesn't break it.
- nradov 8y agoLack of mature capital markets is a legitimate problem in some countries. But that's completely separate from any labor shortage.