This is my point on how remarkably the economy is growing, in spite of the monstrous attempts, everywhere, to bring it to its knees.
It must be technology which is keeping it afloat. Love it or hate it, tech is behind the staggering growth in productivity.
Labour is helping too but relatively less which belies the claim that we need more employees. Employees are being taxed out of existence through the company payroll so the tendency will be to replace them with capital over time.
The big question is, how long can it keep it up and will the attempts to crash it subside?
More likely somewhere in between. But maybe, if it keeps growing the attempts by insanity political movements to crash it might double down.
In the end it must reach an equilibrium and is it there already? I'm forecasting toward the end of 2026 for a Great Recession as follows: https://docs.google.com/presentation/d/1b6FjNo88n_7pfU2vHLN6Oyt4e70fFpkuHoy7yordeKc/present?slide=id.g25c6c8a22eb_0_10
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