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Because capital is necessary for growth and the more expensive capital becomes the less growth is anticipated.
by nightski 4y ago
Because capital is necessary for growth and the more expensive capital becomes the less growth is anticipated.
- kiviuq 4y agoWe've seen a lot of growth over the past decades, so it should be easy to retire at 30, but we're being told to work longer, be more productive, and die sooner. So where is that all growth? something doesn't add up.
- everfree 4y ago> So where is that all growth? Is that a rhetorical question? It flows to the 1%. Current levels of wealth inequality are unprecedented in American history. We work hard to support the lavish lifestyles of the rich. If we could combine today's technology with 1970s levels of wealth equality, we could probably retire in 1970s level comfort by the time we reach age 40.