2min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 252: The State of Our Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Slowdown Is Massive

The level of deceleration is massive. Ithas gone up by 25%, which means four or five % per annum. So the slowdown is massive. We were already among the lowest in the world, forty two%. We dippe to some 36 or 37%; now we are back to 39%. Countries which have become mirical economies, they have 70% of adult working age population employed in economy. We have 40%. That's a huge difference. And i could see this, you know, as i said, high frequency data. It was just a rough sum,. Just to see, like, what is the level ofDeceleration? The level of Deceleration is

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