Will Economy Grow Forever?

[coly20032003]

I do not think Economy will grow forever. There will be ups and downs in the economy evolution history. But maybe in the long term, it will always grow. But maybe for a few years, something happened and economy will go down. There can be tech bubbles or some kind of economy crisis. 

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[EdenHazard]

Technology and times will life side by side, times will not change if there is without technology and until now the technology is the most important thing in human life. With the existence of human, technology can create a brilliant thinking and even technology capable of doing what humans do.

Likewise in the economic sector, the humans can create a technology in order to reach the profit wanted. I guess if technology continues to grow then it is not impossible that the economy will continue to grow as well. Just like a new technology now is blockchain, this system can help people in the economic sector. At least with the blockcain system will help to erase things that happened to the system that has been applied by human before.

[El_rancho]

Economies will grow and fall as history tells us. There will always be a time for recessions and economic success in nations.
As nations prosper and go deeper into industrialization, production, heavy manufacturing..
economic success will always have it's toll on the environment.
The amount of waste and garbage today is exceedingly uncontrollable, waste disposal is one of the biggest concern to cities
and thriving nations and a threat to mother nature in the process.

[acener]

Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?

The growth of the economy isn't stable and it is just like the votality of cryptocurrency. No matter how high it soars, there will still come a time that it would drop down to it's lowest situation. However, if we believers of the economy, would contribute something to it's growth, it would surely grow continually.

[royale143]

Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?

I hope so because a lot of people in each country relies in the opportunities offered by the economy as it grows. However, as the economy grows, the means of living is getting high as well which is quite hard for most of us to cope up and deal with. There are still consequences to face no matter how far the economy grows.

[dev9t9ok]

I am sure that it is impossible that economy will grow forever because as we know the Earth is finite and resources are finite so humans will face with lack of resources and economy will not grow forever. It is not my opinoin it is a generic opinion. Some prominent economists consider that FED will be decrese money liquidity that causes decreasing the world economy.   

[Emigham7]

I believe that change is constant. Economy may or may not grow forever. The political environment have a very large role to play on economic growth and downturn of a given society. If economy continues to grow, when it gets to the pick, it becomes a problem(inflaction or recession).

[aso118]

The earth's assets (or even the reserves of crude oil) will not run out in my lifetime. It doesn't matter when assets will run out, if they do after centuries or millenia. The world has moved away from days when natural resources were the prime drivers of economies. These days, all it takes is for innovative brains to exist in a country, and its economy can take a big leap.

[onaiwusun]

The economy does not grow indefinitely,occasionally it will crash globally,that why we had the great depression.The next one looming may be from the rising debt profile of some so called advanced economies.Their crash will affect all.crypto could offer some comfort

[Cult]

Ideally, if more and more countries start sticking to free trade principles, national economists stop intevening in the economy, no global wars take place, fiat money is gradually replace with crypto like bitcoin and technological progress persists, the economy will definitely continue growing. However, as we see now the world tendencies don't always correspond to that.

[mostkey]

Economics is the most important part of a business, a life or a nation to disrupt its people from poverty so that they will always cultivate economic development in every year's life, also marks the trend of economic improvement over the previous period, all supporting the economy will support each other to achieve goals, especially in an era they use their ease in rebuilding the economy and tackling excessive unemployment for the moment, as Bitcoin at least gives people access to trade or to produce it first place, so I think it's really good at economic development in a country or its personality , basically the economy will be developed further until it finds a bright spot in life.

[basty03]

Economy will continue to grow it depends how government will run this economy and crypto is one of the asset can help the economy. And also it depends to people if they want their economy to grow we need a hard work to do this and being helping each other.

[gabmen]

Economy will continue to grow it depends how government will run this economy and crypto is one of the asset can help the economy. And also it depends to people if they want their economy to grow we need a hard work to do this and being helping each other.

Well it's mainly on the government side for me. It depends on how good a country's leaders can capitalize on their nation'a assets. Like tourism for example or mining gold or oil.

[Natsuu]

Economy will continue to grow it depends how government will run this economy and crypto is one of the asset can help the economy. And also it depends to people if they want their economy to grow we need a hard work to do this and being helping each other.

Well it's mainly on the government side for me. It depends on how good a country's leaders can capitalize on their nation'a assets. Like tourism for example or mining gold or oil.

I think for now, cryptos can't affect directly our economy unless our government acknowledge and adapt it but for now even cryptos are booming and we know this is the next big thing it will not help either.

Our economy will grow if its leader know what his doing and have a clear goal for his country. He will have a good relationship from other countries to help them to have more opportunities and more investors will play in the stock market. Of course it will grow forever even there will be ups and downs, if there will be a strong will and compassion for the country then it will be.

[Hydrogen]

Further, the ability to borrow against assets allows the economy to grow, as it allows citizens to utilize value without having to sell assets. (it barriers and costs of lending are too low, then bubbles will eventually form, causing bad things to happen).

In terms of US history, I believe economic growth was much higher during eras with extremely limited borrowing and taxes than they were during eras of high taxation, high borrowing and high debt.

US economic growth prior to 1913 was often near to 10% per year. After 1913 when income taxes were passed and fractional reserve banking became popular we saw periods of far lower economic growth. In the current era a US President is lucky to achieve even 2% or 3% economic growth and a case could be made for the economy contracting rather than expanding due to a high proportion of "growth" being an appreciating value of real estate or banks inflating their balance sheets with derivatives which now are measured in trillions of dollars, worldwide.

I know that economics courses and schools teach people that high debt and high borrowing are "good" for the economy. But that could well be an example of a political agenda being pushed rather than something resembling legitimate history/fact.

[Poorman80]

There is no such thing as forever. Everything changes and the only permanent thing is change. So an economy may not be growing forever. Sometimes there will be failures or loses such that economy falls back. Should resources be depleted, think that new options will be made so that the economy will rise again, changing and variables always.

[jayanath123]

Little little sectors developing with the situation but time duration very slowly, when the digital world fast moving currencies. then it will effect   

[FlightyPouch]

Little little sectors developing with the situation but time duration very slowly, when the digital world fast moving currencies. then it will effect   

Crypto currencies will never be a cause for economy to grow. Economy is based on how the governments do their jobs and how will the people thrive to earn money in their country and in the foreign ones. Big names and companies help a lot to country's economy since it is not only inviting people and more businesses, it also give great taxes that can help the country develop more like building more infrastructures that is more attractive to travelers.

[squog]

Never in the history has there been any consistent risr of economy. It is very dynamic with dips and spikes. These actually makes the economy stronger and the investors themselves smarter. So yeah, I don't think the economy will actually grow forever. Maybe we'll see something rise up stablize then eventually fall.

[fernandoclause]

I personally think resources will be reduced, especially petroleum,
if the earth's population growth exceeds the available capacity,
this is a very serious problem,