From Peter Zeihan: How would you feel if you had a beautiful view of the coastline, but could only ever get out by the beach once per week? Well, now that employers can mandate a six-day work week in Greece, many are faced with that exact problem.
We’re all aware of Greece’s economic struggles over the past few decades, but that instability has been amplified by demographic problems. As the Greek government attempts to balance out economic activity (made up of consumption, production, capital and labor), they’ve chosen labor as the factor that will have to compromise. Obviously a six-day work week is going to piss off some people, but what else can they do?
We’ve seen countries like Japan, South Korea, Italy and Germany face similar problems and combat them in different ways, but the outcome for each country is still uncertain. As for countries who haven’t hit the decision point, like the US and Mexico, they can observe each of these countries’ tactics and draw learnings from each.
Newt’s World Episode 777: “Mr. Gorbachev, tear down this wall!”
Newt’s guest is David Trulio, President and CEO of the Ronald Reagan Presidential Foundation and Institute. They discuss the 35th anniversary of the fall of…
Thought Leader: Newt Gingrich
Anderson Cooper 360: Trump Says He Is Not Reconsidering Gaetz As His Pick For AG
Tomorrow the House Ethic Committee is expected to discuss the fate of its report on Matt Gaetz, President-elect Trump’s choice for attorney general. The former Florida…
Thought Leader: Anderson Cooper
Peter Zeihan on the Geopolitics of Gaming
From Peter Zeihan: PC or console? Yes, I’m talking about gaming preferences…and if you answered PC, then we all owe you a big thank you.…
Thought Leader: Peter Zeihan
Peter Zeihan on the Geopolitics of Gaming
Thought Leader: Peter Zeihan
Peter Ziehan: Revisiting 2021
Thought Leader: Peter Zeihan
