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That mostly applies to the developed world. Countries like mine won’t be able to afford the necessary changes, and we’re set to keep growing.
by unix_fan 6y ago
That mostly applies to the developed world. Countries like mine won’t be able to afford the necessary changes, and we’re set to keep growing.
- salmonfamine 6y agoWhere are you from, if you don’t mind me asking?
- imtringued 6y agoHow does your country intend to "keep growing". Will it do the export strategy that China and pretty much every other Asian country followed (Korea, Japan)? If yes, then it will be done by pegging the currency to the dollar with the end result of accumulating a reserve of US treasury bonds. The additional bonds that your country is purchasing will allow the US government to do more green investments, maybe even abroad, maybe even in your country. If these investments end up increasing the trade deficit even further then the green investment cycle starts again.