While the overall US GDP has grown almost three times since 1979 – 2018, the median real wage (50th percentile) increased by only 6.1% during the same period. For Men, the median wage decreased by 5.1%. It hit the low-income (bottom 10th percentile) worker group the hardest with a decrease of 13.3%.
Read moreCategory: Geopolitics
“Destined for War: Can America and China Escape Thucydides’ Trap?” by Graham Allison – a good read
It is a must-read for anyone who is interested to know how the US/China relationship may play out in the future by learning about what happened 16 times where a rising power challenged an established power in the last 500 years.
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Yuval Noah Harari and Jared Diamond in conversation in Brazil Nov 2019
Two brilliant authors/historians/thinkers discussed key issues of today and what they meant for our tomorrow.
Read morePrime Minister Lee Hsien Loong speaking at Forbes Global CEO Conference 2019
Forbes organized its 2019 global CEO conference in Singapore this week. Prime Minister Lee Hsien Loong attended and answered a series of questions ranging from the Hong Kong protest, US/China relationship, ASEAN to climate change, Singapore birth rate, etc.
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Standing on your head to feel more optimistic about the US
Why did Donald Trump get elected? Why did Brexit happen? Why is populism on the rise? Did it happen before in modern history? What lessons can we learn from? What do all these mean? And where does it lead us?
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