Comment Comment by dzonga which in short means the real-gdp has gone down since the 1970s.some people will talk about efficiency etc.but one true metric more than easily fakeable GDP numbers is electricity production and electricity consumption per capita.a growing economy simply uses more electricity / energy - to move people, goods, get more work done etc. parent dzonga 27 days ago
some people will talk about efficiency etc.
but one true metric more than easily fakeable GDP numbers is electricity production and electricity consumption per capita.
a growing economy simply uses more electricity / energy - to move people, goods, get more work done etc.