He’s absolutely right November 11, 2016Posted by hslu in Economics, Global Affair.
Tags: Globlization, Trump, Warren Buffett
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.