Zeihan and the 'un-recession'

Discussion in 'Economics & Trade' started by (original)late, Aug 9, 2022.

  1. (original)late

    (original)late Banned

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    We get a lot of goofy posts here.

    But we don't see a lot of understanding. Zeihan sometimes does a nice job of balancing pluses and minuses.

    The economy is changing, but a lot of that is in good ways, like massive investment in manufacturing here.

    Anyway, worth a watch.

     
  2. Battle3

    Battle3 Well-Known Member

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    Nope.

    His arguement is that as long as the population is growing then there can be economic growth. If the population is stagnant then its a zero sum game economically.

    Wrong. Its true that easy growth is through expanded population but there is far more to it than just the increase in people. For example, as long as people want to improve their quality of life there is ample opportunity for growth.
     
    crank likes this.
  3. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    That seems kind of sad if the only way to "economic growth" is population growth. If that's true, then there's not much hope for any increase in living standards.

    (In an economy that's twice as big with twice as many people, each person does not have more. The average wealth for each person is not more. This should be obvious to all but the dumb)
     
    Last edited: Aug 13, 2022

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