There is a correlation, though it can be weak (see for within-the-US: low-income parts in Appalachia). But even if it was as strong as, say, the correlations wi

There is a correlation, though it can be weak (see for within-the-US: low-income parts in Appalachia). But even if it was as strong as, say, the correlations with IQ and Big-5-trait Conscientiousness on various life outcomes, it would still be factually wrong to state something as absolute as: "Ethics, morals and whatever people call only exists if economy is stable."