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I agree that growth forever is unrealistic. I'm referring to the fact that growth has stalled for everyone below a certain bracket, but is continuing apace for
by api 14y ago
I agree that growth forever is unrealistic. I'm referring to the fact that growth has stalled for everyone below a certain bracket, but is continuing apace for everyone above.
This has been true for a very long time, but people were filling it in with debt. Then everything got over-extended and collapsed.
- yummyfajitas 14y agoI'm referring to the fact that growth has stalled for everyone below a certain bracket, Please go read the source I linked to, which shows that growth has not stalled for the bottom 20%, nor the middle 20%.