as long as there are houses to insulate, jobs to specialize in, unread overnment papers to stop printing, inefficiencies to solve, there's economic growth possible.
the problem is that Greece is a poster child for the EU's problems (and of "developed economies")
it's the state/regional version of the middle-income trap, no one wants to do big projects, because relatively everything is expensive in developed economies (Baumol, permitting is hard, money goes into many inefficient small and important things)
there's no need for asteroid mining, there's need for investing in things that improve productivity, and that's basically cheaper inputs (energy, logistics, other cost of living things like housing!), or improve output (education, competitiveness, better access to markets, decreasing language barriers, making bureaucracy easier and smarter, etc)
It seems like say Kansas in the US (I am no expert on Kansas, so correct me if I am wrong), where educated ambitious young people move somewhere else. People with fewer options, or older people, stay. Greece is in the EU and there citizens have access to the EU job market. It's natural for cities and regions to concentrate opportunity. The prosperous regions can subsidize the rural parts, like they do in the US.
as long as there are houses to insulate, jobs to specialize in, unread overnment papers to stop printing, inefficiencies to solve, there's economic growth possible.
the problem is that Greece is a poster child for the EU's problems (and of "developed economies")
it's the state/regional version of the middle-income trap, no one wants to do big projects, because relatively everything is expensive in developed economies (Baumol, permitting is hard, money goes into many inefficient small and important things)
there's no need for asteroid mining, there's need for investing in things that improve productivity, and that's basically cheaper inputs (energy, logistics, other cost of living things like housing!), or improve output (education, competitiveness, better access to markets, decreasing language barriers, making bureaucracy easier and smarter, etc)