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America is experiencing a productivity miracle
- fsagx 6mo agohttps://archive.is/rjkzC https://archive.is/rjkzC
- joenot443 6mo ago> The American economy remains unusually flexible, dynamic and innovative by rich-world standards. This makes it particularly adaptable, especially in times of crisis I think this almost understates things. There is no economy in the world like America’s. The combination of its size, its currency, its universities, its military, and its wealth; there just isn’t a comparison to be made. Germany’s, Canada’s, Australia’s, and England’s economies have much more in common with each other than with America’s.
- FrankWilhoit 6mo agoNo growth, only reallocation.