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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Maurice Winn who wrote (13540)6/25/2025 2:43:46 AM
From: elmatador   of 13775
 
The death of growth
No amount of the innovations you are seeing will bring the economic growth and the wealth that past innovations brought. Hence the younger generations and the future generations will not share a big wealth gains that the past generations achieved,

Professor Gordon was explaining this concisely and clearly before Quantitative Easing and the digitalization wave and all the last 12 years world economic evolution and the ballooning of US federal deficit and China economy plateauing.
See these $7 trillion AI investments Sam Altman talk about? It will never make the economic impact of innovations as internal combustion engines, Aluminum and copper or telephones.
That is why I keep writing here: Stop trying to lift economies that are past their potential growth and invest the capital where the potential lies. And that it is not the silly Gates foundation or USAID. It is investment in productive activities in the emerging markets.

Capital misallocations and hogging will lead to failure.

The death of innovation, the end of growth

https://www.ted.com/talks/robert_gordon_the_death_of_innovation_the_end_of_growth?language=en
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