As long as the prosperity is based on top 10% performers (whether educated workforce or economy sector) the system is inherently unstable.The price of natural resources can drop, highly educated people can easily migrate. Consider how much time it took for Detroit to degrade once auto industry shrunk and it became 'uncool' place to live.
As long as the prosperity is based on top 10% performers (whether educated workforce or economy sector) the system is inherently unstable.The price of natural resources can drop, highly educated people can easily migrate. Consider how much time it took for Detroit to degrade once auto industry shrunk and it became 'uncool' place to live.