Don’t expect the world economy to resume its prior growth pattern after COVID-19

 2021.05.29 - Ian Page

From Gail Tverberg's blog...

https://ourfiniteworld.com/2021/05/27/dont-expect-the-world-economy-to-resume-its-prior-growth-pattern-after-covid-19/

Ian's main observations ...

  1. Peak car peak cement peak coal all look as though they happened 4 years ago.
  2. Availability  of various things per person is dropping.
  3. Gail sees this as a resource function. Resources reaching the point where cost of production is meeting ability to buy at a price that allows a profit, which we see as an MROI effect.

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