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This is hardly accurate. It's the global poor who are most impacted by a (hypothetical) slowing economy. Sure, some billionaire won't get that third yacht. Bu
by FredPret 2y ago
This is hardly accurate. It's the global poor who are most impacted by a (hypothetical) slowing economy.
Sure, some billionaire won't get that third yacht.
But it's the several hundred million women in Africa doing their family's laundry by hand who suffer much more, by far.
What we need is oodles of economic growth, in as green a way as possible. AKA, solar, batteries, nuclear, and so on. And what that means is more and better tech, more and better deployment of capital.