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Market Panic Attack In Store Once It Realizes 'Hard Landing' Is Unavoidable | Lakshman Achuthan

Wealthion - Be Financially Resilient

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The Importance of Productivity Growth

Before the financial crisis, productivity growth was well above 2%. Post GFC, boom, it jerks down about 1%. So it's sitting at around 1%. From two to one for the entire US economy. That in and of itself in a vacuum is inflationary, but for China. Sending us this inflation for the decade that bailed us out of that one. Now China's gone. Our productivity growth has gone down even further. The worst is in construction. Manufacturing is also quite negative. And even services productivity is negative,. Which boils down to profit squeeze. Unless you are a company which can automate. Yeah. It maybe makes sense to go to the AI and tech stuff. Does

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