comment: >
  
  Are we better off now than before the globalization boom of the last 20 - 30 years?  Well, China certainly is.
context: GDP alone is a horrible marker of a country's wealth. If that wealth is not distributed in a meaningful way it means absolutely nothing to the majority of the population. >
  
  The rich and won't mind the 7%. They already have more than they can spend in many lives. What they are afraid of is governments not in their pockets setting up rules no longer favor them. >
  
  The rich will just raise prices by 12%, blame fragmentation, then give themselves big bonuses and blow most of it on cocaine and houses they'll gift to their kids. >
  
  Why don't they just run defrag then? They will have to optimize the drives first, but then they should be all good right? >
  
  Inflation is costing me more than that >
  
  Serious question, does anyone or any institution care what the IMF says?  Their track record is horrible.