Gdp Episode 359 |best| «RECOMMENDED ◎»
The Bureau of Economic Analysis just dropped the Q3 numbers. Topline GDP growth: . The pundits are cheering. A soft landing! No, a no -landing!
Let’s go to Japan—our favorite cautionary tale. GDP growth? 0.8%. Anemic. gdp episode 359
Welcome back to GDP. You’re watching Episode 359. Last week, we talked about the velocity of money. Today, we stop pretending. We ask the question no textbook wants to answer: What happens when a country gets richer, but the people get poorer? The Bureau of Economic Analysis just dropped the Q3 numbers
Let’s set the scene.
We end today with a thought experiment. Let’s call it the . A soft landing
But walk into a pharmacy in Kyoto. You’ll see a 75-year-old woman buying adult diapers and blood pressure medication. Then walk into a playground in Tokyo. It’s empty. Three children. Twelve benches.
