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He’s absolutely right November 11, 2016

Posted by hslu in Economics, Global Affair.
Tags: , ,
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Source: CNBC.

He said It the best. It’s great for the top 1% but bad for 6-pack Joe and Jane. 

In aggregate, it looks great. In fine prints, many people suffered along the way.

Globlization is a giant and effective equalizer. It brings down rich countries to a level where developing countries may one day be able to reach to.

In aggregate. That is.

Rich people get richer. The poor souls remain hopeless.

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