After very quickly becoming an advanced economy, South Korea is experiencing declining growth and labor productivity. The culprit, as usual, is government intervention in the market to favor certain interests.
If opponents of the current ideological winds blowing in Virginia find themselves in a permanent minority, it may very well be that the only method of defending the minority position is by leaving the state. But "exit" can theoretically be obtained in more than one way.
After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Subprime has become prevalent in every facet of the credit industry, and we should be terrified.
Given the ongoing growth of government taxation, spending, and regulation, it should be abundantly clear that we are hardly living in an age of "market fundamentalism" as so many leftists and conservatives claim.