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> As long as technology and human society progresses, then yes, GDP is guaranteed to rise My whole point is that it looks like human society globally is going
by nyokodo 4y ago
> As long as technology and human society progresses, then yes, GDP is guaranteed to rise
My whole point is that it looks like human society globally is going to decline rapidly and, in some regions, catastrophically. Old populations don't consume as much, once they get old enough they don't produce as much, how would GDP grow then? Well that is the looming reality for Europe, China, Russia, Japan, Canada etc. The USA is relatively ok there but it's just a matter of time before we get there too unless birthrates veer sharply towards at least replacement level.