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There are many ways GDP is being "padded" (by excluding certain liabilities for example), things like unemployment numbers as well. The "true" economy has been
by spurgu 6y ago
There are many ways GDP is being "padded" (by excluding certain liabilities for example), things like unemployment numbers as well. The "true" economy has been stagnating or in a downward trend for at least a decade already.
And the actual cost (EROI) of extracting fossil fuels isn't necessarily (directly) tied to consumer prices.