It’s Different this time
The Futurists
00:00
The Problem With Population Growth in the US
Real wage growth has been absent in the US and UK, you know, an Australian economy is for 40 years effectively. And with more and more automation coming in, there's gonna be more pressure on wage growth. So consumption at a discretionary and non-discretionary basis is a very important element of economic growth. No population in the Northern Hemisphere is above replacement rate.
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