Imagine a nation, any nation, that suddenly stumbles upon vast quantities of unearned wealth; what would happen?
Now, for our purposes, it doesn’t really matter what that unearned wealth might be – it could be a magic meteor or a new “world” of easily-conquered indigenous people or it could be gaining the status of global reserve currency; the point is that our hypothetical nation now has a tremendous capacity to attain real wealth at insignificant cost.
Why does this blessing always seem to become a curse?
This post was created with our nice and easy submission form. Create your post!