Escalades in Alaska
Hot news from the National Bureau of Economic Research…countries with hotter climates tend to be poorer. Researchers have even correlated it: each 1 degree in Celsius inteprets into 8 percent difference in GDP or 1 per cent difference in annual economic growth. Bottom line the warmer the climate the less per-capita income. Bottom line: if I were selling high-end goods I’d be hot-footing it (no pun here) to points North. Who knew Inuits were a prime market for Dolce and Gabbana?