Why is global economic growth failing?

Why is global economic growth failing?

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youtube.com/watch?v=kmDuPccLON4
en.wikipedia.org/wiki/Olduvai_theory
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maybe its because everyone who isnt the super elite is getting fleeced for all we're worth and we are struggling to survive let alone buy shit.

Maybe it's because you and your MOTHER were SHARTING in the MART today.

This is what eventually happens when you let the government control the currency. They can't help but devalue the fuck out of it.

To grossly oversimplify, our leaders are stupid. They are the third generation that cannot retain inherited wealth.

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That might be true in the West but the East is experiencing a tremendous increase in their standard of living.

lolol, economists are so fucking retarded

Most economists are just shills anyways.

low confidence. distortion of macro data. pretty simple

Pretty much this desu.

How the fuck is the economy gonna get better when the mass majority of people don't have spare cash to spend?

Wages need a drastic increase otherwise the economy is gonna go to shit more than it has already.

Personally, I'd like to see the riots and civil war in the streets desu.

It's almost as if 2 billion more niggers on the planet don't improve the economy or something

The world economic, social, political, and governmental systems are all being moved to a one world government.

There is an unspoken, unknown elite in society that orchestrates IMMENSE power in the world, and they want a one world government. That is what's really behind almost everything that's happened since the end of WWII.

youtube.com/watch?v=kmDuPccLON4

>be retarded
>make retarded prediction
>get retarded result

Not very surprising when you get right down to it. Just about all of their models are predicated upon infinite growth.

They got told this was fucking idiotic in the 70s, but in true economist fashion-- just mocked their critics and went about their business.

Tainter never managed to figure out how to reverse the decline of complex societies. In essence our current economic systems are giving diminishing returns, and new economic systems cannot be developed under credentialism. So it's a slow and steady decline of planet Earth until smart people 'give up' on current economic orthodoxes. Then, new economics systems with high marginal returns will emerge, thus rekindling economic growth (while old economic systems remain in place.)

The rabbit hole goes much, much deeper as Tainter only did half the job. Expect things to get worse, however long I do not know.

>this chart
wew fucking lad. How depressing.

The one world government was always going to be a thing. Marx more or less predicted that capitalists would do something like this more than 100 years ago. Capitalism is starting to liquidate western civilization.

>Why is global economic growth failing?
how is it failing? historically the economic growth has always been small around 1%.

Because we are on the precipice of systemic global economic collapse. Should happen about 20-30 years from now. If you are young, do everything in your power to get away from the coast, and start learning how to be self sustainable. Once we start to slide back to equilibrium at ever increasing speeds, food will be the hardest commodity to obtain.

en.wikipedia.org/wiki/Olduvai_theory

The lack of demand is perhaps the fundamental problem a new economic system would have to solve. The problem is that inequality would have to be recognized as a problem. Therefore, things may have to get much worse before we are willing to take inequality seriously.

Not true.

Over 2 billion people have been lifted out of poverty in the past few decades.

You must be some kind of racist nationalist if you're not willing to sacrifice a little bit of first world luxury so that billions of formerly impoverished people can have a small fraction of the life you enjoy.

So doesn't this prove that wealth (at least on a global scale) really is a zero sum game?

A.

because certain (((people))) have given work to so many pajeets and interjeeps that the only jobs left are the low paying McCuck jobs, which dont really pay enough to keep the capitalism ponzi scheme going

Too much debt; we have hit a critical point where we are paying too much in interest in order to be able to take on more debt.

Globalists have taken over and the NWO/Mark of the Beast scenario will be a reality within a century.

>giving a shit about some brown turd living 20k miles

I dont want to sacrifice a good middle-class job for a low-pying wagecuck job at McDonalds because some brown turd half the world away cant be bothered to start his own business or work for one of his own. Keep shilling shill, they're going to outsource your job too one day.

The extent of my understanding of economics is taking Macroeconomics 101 and Microeconomics 101 in college. Why does our economy need to constantly grow just to function properly? Is it all just a Ponzi scheme?

"Middle class" means the government has to respect you even though you are not a Lord. That is what it actually means. You are not middle class just because you are not starving, or, for that matter, if you hit any income target. You are not middle class in an Oriental despotism where everything can be taken away overnight for no reason.
The point of my first world wealth was not collecting rare Zoids. The point is a unique conception of freedom and government limitation, which synergistically creates a new civilization and unprecedented prosperity. Plutocrat-socialists are trying to do an end run around that by saying that there is no such thing as freedom, that it's all about money, and a developing worlder now has more money and so is the same as an American. He is not, and not for reasons of skin color or money.

>im thinking of voting Brexit
>LISTEN TO THE "EXPERTS"!!!!!! THE UK ECONOMY WILL IMPLODE!!!!!!
but they are always wrong

keynesian economics.
>hurr governments aren't running big enough deficits
>durrr people need to buy more chinese made stuff to stimulate the economy
>hurrr we need more borrowing and spending
>durrr we don't more saving and investment

Keynesianism thought has been defunct for something like 30 years you moron. Most policy makers are monetarists.

>people get into debt to expand the economy
>need to repay the debt + interest
>if the economy doesn't grow they can't pay the interest
>financial system collapses

Basically it's a ponzi scheme

tfw shits about to go medieval again but you're in a clan family anyway

FUCKING

Logic dictates that we can't increase the rate of growth forever. This still shows that there is growth, but its acceleration has decreased.

LEAF

Central planning.

Because we have had peak population growth.
The population growth percentages are smaller than 10 years ago and most of the GDB growth was just a reflection of that.