In short, this chart shows that while real GDP is growing (0.2%/year), the change in that growth is slowing every year. Maybe there are other explanations for the steady slow decline, like how we are no longer a manufacturing economy, but all in all, I would say it’s predictable of an aging society. From 1970, …
Are Americans Really Becoming Lazier? The Evidence Read More »
While plenty of sources show total govt debt to GDP ratio, for most countries in the world, there are few sources which tally ALL debt: personal, corporate, and government (private and public). According to CEIC Data we see the following: Now this does not include unfunded future liabilities like social security and Medicare. To include …
How Much Debt Does the Average American Really Owe in 2022? $720,000 per Household Read More »
Based on current trends, the US will reach a negative population growth rate by 2036. I just think that’s interesting. It’s also in the range period I defined as the 30 year bottleneck period, which is the result of global population possibly peaking, general AI, general labor robots, changes in aging, massive debt-to-GDP run-up, etc…. …
2036 – The Date America May Start Losing Population Read More »