[HN Gopher] Could the Economy Shrink? (2014)
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       Could the Economy Shrink? (2014)
        
       Author : ciconia
       Score  : 5 points
       Date   : 2023-01-16 18:58 UTC (4 hours ago)
        
 (HTM) web link (jancovici.com)
 (TXT) w3m dump (jancovici.com)
        
       | NickC25 wrote:
       | Why 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.
        
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       (page generated 2023-01-16 23:02 UTC)