"As a country, too many of us stopped making money by making “stuff” and started making money from money — consumers making money out of rising home prices and using the profits to buy flat-screen TVs from China on their credit cards, and bankers making money by creating complex securities and leverage so more and more consumers could get in on the credit game."
Oversimplified, but so true. And even more true for Latvia. It's all about value creation. If you (country, company, personally) do not create value for others, true value I mean, sooner or later you are in trouble. As a country, as a company or personally.
But actually there are few more great metaphors in this commentary.
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