Raoul Pal on The Exponential Age and the Everything Code: AI, Crypto, QE and Beyond
Real Vision: Finance & Investing
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The Exponential Age
The way to calculate GDP is population growth plus productivity growth plus debt growth. Those are the three large factors that define how GDP moves, the wealth of nations. We have for a long time been in a slow down in population growth globally and an aging demographic. That has meant we have seen lowering GDP over time,. trend rate of GDP has been falling.
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