Well yea, for example in my country some problem solvers got rich during COVID by overcharging the state for imports of medical and hygienic supplies, because our industrial network is so eroded due to globalization-relocalization that apparently we aren’t even able to manufacture some simple face masks anymore. Wealth accumulation never stops, even in a recessive scenario. It just gets accumulated in less hands.
(Edit because bad english)
Well yea, for example in my country some problem solvers got rich during COVID by overcharging the state for imports of medical and hygienic supplies, because our industrial network is so eroded due to globalization-relocalization that apparently we aren’t even able to manufacture some simple face masks anymore. Wealth accumulation never stops, even in a recessive scenario. It just gets accumulated in less hands. (Edit because bad english)