When a country’s badly-managed assets become lethal liabilities

JUST as our personal virtues, over time, become our vices, so, too, our national advantages, over time, can become disadvantages.

Witness the Skype generation: Émigré over the past 10 years, their departure greatly facilitated by our education system creating a workforce of powerful advantage to economies other than that of their home country.

Witness, too, how low interest rates have gone from a wildly-applauded advantage to a ho-hum nuanced disadvantage.