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Can an Economy Grow Forever?

Economics Explained

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Is There a Biggest Threat to Our Future?

Some economists theorize that there is a larger cycle that will take place over a century as debt piles up even through these short term up and downs. The second major consideration is educational attainment. Most modern countries educational attainment has plateaued over the past 20-25 years. This becomes especially apparent when things like tertiary studies become so unaffordable, people move into less technical professions or basic labour. You don't need nearly as many people to run a company like Microsoft as you would a company like Standard Oil because it simply demands less labour.

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