A Bitter Lesson or A Sweet Victory

THE prospect of the world’s economy grows increasingly bleaker. Latest projections from the International Monetary Fund predict that at the end of the year, income per capita of 170 countries will be lower compared to the end of last year. On average, 90 percent of the global population will become poorer. Market analysts even predict that this income decline will last until the end of 2021.

Indonesia is also struggling to overcome this pr

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