If you get the rich people to leave who is going to pay for the pensions of all the public workers?
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then they obviously won't want to pay taxes themselves to prevent the level of public service they expect from deteriorating, so they'll blame it on newcomers and that will fuel some kind of populist campaign for some token concessions. And then this will just repeat ad nauseum.
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the “yep its a death spiral” narrative, so succinctly put Kim.
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