Taleb: The Curse of Success and Economic Stagnation

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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Are bike lanes a sign of economic doom? Nassim Taleb, author of The Black Swan, argues that feel-good upgrades in wealthy countries mask a dangerous stagnation. He warns that focusing on lifestyle improvements distracts from real economic growth, like innovation and exports, while debt threatens to cripple future investments. Taleb also highlights the immigration paradox: wealthy nations need cheap labor but resist it politically, creating an unsustainable economic tightrope. Hosted on Acast. See acast.com/privacy for more information.

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