Adverse events usually flow from a world financial crisis: unemployment, political turmoil and geopolitical reordering. We’ve seen these since the crash of 2008.

But there are benefits as well. Crashes are usually followed by massive economic reorganization, spectacular outbursts of innovation, the creation of new industries, increased productivity, and decades of high growth. We have not seen these benefits since the crash of 2008. Thankfully, this is about to change.

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