It's
a very rich economy.
Not exact matches
While the
rich economies produce more innovation, if total innovation output is divided by input, the list of leading innovative countries looks
very different.
«You had wealth creation that could not be tied to the underlying
economy,» he added, «and the benefits were
very skewed: they went to the assets of the
rich.
If political redistribution reaches a certain level, it must either send the
economy into a downward spin (wealth being redistributed faster than it is produced) or dismantle democracy (to prevent those whose wealth is to be redistributed» a population which, as redistribution expands, will be
very much larger than the
richest group» from resisting).
Many in this context have pointed
very strongly to the «growing gap between the
rich and the poor that has ensued whether this is experienced locally, nationally or internationally, and how the «open and borderless world of economics» that has emerged has destroyed local and national
economies and created conditions for the untold new sufferings of people.
There start to be
very serious effects on the
economy - meanwhile the
rich are still driving around in sports cars, using as much gasoline as they feel like.
System too
rich while
very good fuel
economy (better than specs), I left it untill it started to missfire and got us here.
I know you have invested so much into that entire global warming story, but I see it as
very secondary compared to the already unfolding Great Unraveling, with all
rich economies in chronic downfalls that will last and last (real U.S. unemployment already 20 %, debt at $ 14 trillion is trivial compared to $ 114 trillion of uncovered obligations, all E.U. save for Germany is collapsing etc., etc.).
It continues to prove
very difficult to get some of the most influential members of the world's
richest economies — the G - 20 — to allow an open debate on reserves.
The rapid emergence of China, India, and other developing
economies as formidable economic competitors to OECD
economies has also rendered two further pillars of the old framework untenable: first, the notion that
rich countries would agree to
very deeply cut their own emissions to create more atmospheric space for poor nations emissions to grow or, alternatively, that they would heavily subsidize the deployment of cleaner but more expensive energy technologies in the developing world.