The Plutonomy—AI Edition—and the Coming Crisis
Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.
The Council on Hemispheric Affairs (COHA) has put out a nice summary of the various responses by Latin American governments to the global economic meltdown.
Click here for COHA's country-by-country analysis.