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Could the Economy Shrink? (2014)
- NickC25 4y agoWhy couldn't (or wouldn't) it? Population growth is slowing, especially in the developed world. Consumption growth isn't infinite. Perpetual economic growth is impossible, and with inflation skyrocketing, it's impossible to not think that the middle and lower classes won't consume less on non-essentials. This obviously could be fixed rather easily, but Wall Street nor the government will allow the necessary fixes.