In so many ways, recession is good, and growth is bad. I mean, the economy can't grow forever. Perhaps it's time to embrace the concept of recession. Food for thought from Good - article by Andrew Price
It’ll be nice when this recession is over and the economy starts chugging along again. When GDP resumes its ordained upward trajectory. When we finally get back to growth. After all, the economy should always be growing, right?Jump
Well, maybe not. As you probably heard, the world’s population raced past the 7-billion mark sometime in the last few weeks. Meanwhile, we’re running out of water, rare earth metals, and oil. With resources dwindling and population booming, can the global economy sustain endless growth?