Re:From the Bretton Woods system to global stagnation [pdf]
by throw0101d on Sunday December 08, 2024 @10:10AM
(#42357564)
> I'd rather be middle class in 2024 than rich in 1970.
Not wrong, but the point is still that growth has slowed, so progress since the 1970s (or at least 2004, when the economic effect of the Internet and computers seems to have peaked) may be asymptotic now.
Not wrong, but the point is still that growth has slowed, so progress since the 1970s (or at least 2004, when the economic effect of the Internet and computers seems to have peaked) may be asymptotic now.