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Latest / Sovereign Finance

Why Are Things Getting Worse?

(Key: Rob’s comments in italics, Derek’s comments in normal font)

In this episode, we review what's happening in the world right now. We're reaching some sort of endgame with a process that's been ongoing for a long time in economics. We're hitting a wall with the idea of endless economic growth. To maintain stock market prices, which many see as essential, there has to be continuous growth in profits. Historically, this growth was genuine, with more goods and services and increased prosperity for significant segments of the population. But since around the 1990s or the turn of the…

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