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Or simply reach peak population growth which is a common occurrence on the small scale. With population at a steady state, there is nothing GDP needs to outgrow
by BoiledCabbage 7y ago
Or simply reach peak population growth which is a common occurrence on the small scale. With population at a steady state, there is nothing GDP needs to outgrow.
- TeMPOraL 7y agoExcept interest rates. Things would be nicer if our economy didn't depend on paying back interest with economic growth.
- imtringued 7y agoWhy would a business need the loan in the first place if it doesn't expect a return?
- josinalvo 7y agoIf population is steady,GDP still must grow. Otherwise, most of the people who get ahead/gain a better life will do so at the expense of another. That is not a nice world to live in.