Planetarion Forums - View Single Post - [economics]the state of the us-economy

Soben · 6 Feb 2006, 01:15

Although I didnt read all the posts in this thread, looking at the article I have to say something. GDP growth have become like a panacea for every economy.Personaly I dont believe GDP continous growth is feasible for any national economy or the world economy. You cant grow all the time, people can produce to a certain level, even if you aid them with new technological tools there are limits, like resources, working hours etc. So prepare to see GDP decline, more important is the increase of the quality of life of the population than the index of the stock markets.

6 Feb 2006, 01:15	#24
Soben Registered User Join Date: Feb 2006 Location: York Posts: 4	Re: [economics]the state of the us-economy Although I didnt read all the posts in this thread, looking at the article I have to say something. GDP growth have become like a panacea for every economy.Personaly I dont believe GDP continous growth is feasible for any national economy or the world economy. You cant grow all the time, people can produce to a certain level, even if you aid them with new technological tools there are limits, like resources, working hours etc. So prepare to see GDP decline, more important is the increase of the quality of life of the population than the index of the stock markets.