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Tag Archives: World War III
The Advanced Economies are headed for a downfall
Figure 1 shows that, for the Advanced Economies, GDP has been trending downward since the early 1960s; this is concerning. It makes it look as if within only a few years, the Advanced Economies might be in permanent shrinkage. In 2022, the expected annual GDP growth rate for the group of Advanced Economies seems to be only 1%. Continue reading
Posted in Financial Implications
Tagged debt defaults, Maximum Power Principle, oil limits, World War III
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