Nov 27, 2023
In a macro cycle, a nation begins to thrive economically, when the people of that country adhere to a strong work ethic. They invest their money and toil into the economy, make a profit, then either save, purchase goods, reinvest, or a combination of the three.
When the great majority of the people do this, the country thrives economically. The greater the economic freedom (i.e., the less governmental oversight and regulation), the more the country thrives. But this never lasts forever. The eternal fly in the ointment is that governments seek continually to increase their control over others.