These 9 Charts Explain The Global Economic Slowdown (And Why Central Banks Can’t Fix It)
by John Mauldin via MauldinEconomics.com,
ZeroHedge.com
05/06/2016
GDP growth has only two basic components: growth in productivity and growth in the workforce size. That’s it. There are two and only two ways you can grow an economy: increase the (working-age) population or productivity. There is no magic fairy dust you can sprinkle on an economy to make it grow.. and the following rather disconcerting charts showing the continuing decline in productivity and major shifts in demographics that are worsening the situation.
The Rest…HERE