“When you look at human existence and you say, well, there hasn’t been that much growth for most of history, it can’t be that much of a problem to adjust back to that. But adjusting expectations and living standards is very difficult.” — Satyajit Das
Global finance expert and author Satyajit Das warns us that the sustained economic growth we’ve come to believe is the norm is, in fact, unlikely to continue. Host Peter Mares and Das ponder what a world of little or no growth would look like below:
https://upclose.unimelb.edu.au/embed-widgets/83e98499f78a5f0bbe4e0d0be8705ec8-957/embed/
34 min 27 sec