Saudi Arabia
#32
Re: Saudi Arabia
If their Emirates Airlines ends up securing those long awaited landing slots at Canadian airports then UAE has a lot to gain by mediating in this case
#33
Re: Saudi Arabia
Since WWII, we've lived through an economic summer, where the West was pretty much unopposed economically, half of the population of the planet was enslaved under communism, keeping them out of the workforce, and governments could promise anything to buy votes, then fund it with borrowed money. Even when those promises were actively harmful to their society--as most of them were, by their very nature--our ancestors spent centuries building social capital which the politicians could squander.
So most modern politicians grew up the equivalent of happy, fluffy bunnies on a nice, sunny day eating in a field of fresh grass with a big fence to keep the wolves away. Over time, the days might get shorter, the grass might start to turn brown, the fence might rust, the wolves might stick their jaws through the broken strands in the wire, but the bunnies were fat and happy, so why should they care?
Now economic winter is coming as the free money and social capital dry up. And it may turn out more like an economic Ice Age, since AI and automation will be taking away many of the jobs at the same time.
#34
Re: Saudi Arabia
In Saskatoon winter is always coming.
Last edited by caretaker; Aug 14th 2018 at 9:17 pm. Reason: artistic license
#35
Re: Saudi Arabia
Hmmm. We're on the same page re AI and automation, but none the wiser with all the other metaphors. There is still plenty of economic opportunity in the developed world.