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> Could it be that since western countries have largely plateaued in terms of growth and have fallen behind China that the same countries will struggle to provi
by sofixa 2y ago
> Could it be that since western countries have largely plateaued in terms of growth and have fallen behind China that the same countries will struggle to provide the same quality of life as they once did
If they have plateaued in terms of growth, why would they struggle to provide the same quality of life?
Also, I wouldn't say "have fallen behind China". China has seen remarkable growth on many fronts, and millions of pople have been uprooted from poverty. By most metrics the quality of life is still lower than in the US/UK/AU/NZ/EU. (No, GDP, GDP per capita, GDP growth are not quality of life).