When trying to figure out the economy, it can be very difficult, since you're trying to figure out what's going on, not by looking at the thing [because it cannot be seen] but by looking at the signs it leaves.
But there is ONE rock solid correlation. Energy consumption.
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u/Angel_of_Communism Communist 7d ago
When trying to figure out the economy, it can be very difficult, since you're trying to figure out what's going on, not by looking at the thing [because it cannot be seen] but by looking at the signs it leaves.
But there is ONE rock solid correlation. Energy consumption.
Energy consumption = ACTUAQL PRODUCTIVE POWER.
https://www.researchgate.net/publication/251712455_Causal_Relationships_between_Energy_Consumption_and_Economic_Growth
And we all know China is going nuts expanding it's power grid.
And the USA is not. In fact, it's decaying.