Will Economy Grow Forever?

[UNOE]

I think that economy that we have today can not grow forever, but with technology improvements it seems that is possible scenario. Economy will change its parts when times comes, economy must be sustainable before anything else.

[1714943348]

1714943348

[StacksCity]

Compare that to the red-hot 10% growth rate that fast-growing economies in East Asia and then China experienced for a generation or more. In such an economy, income per person doubles not every generation, but about every seven or eight years. Thus, income would double, quadruple or grow even more within a given individual’s working lifetime. This has been the lived experience of recent generations in China and, to a lesser extent, in India.

But now imagine that the annual growth rate of per capita income is only 0.5% on average per year, as has been the case in the US and other advanced economies in recent years. In such a situation, it will take close to a century and a half for the average person’s income to double; in other words, all except the very long-lived will not see a doubling of living standards in their lifetime.

Finally, if the growth rate of per capita income is zero, then income per person will be constant—progress, at least as measured by growth in income per person, will have ceased.

[twa]

of course the economy will grow along with the times and the needs of the economy will also increase and continue to grow

[awik p]

I think that economy that we have today can not grow forever, but with technology improvements it seems that is possible scenario. Economy will change its parts when times comes, economy must be sustainable before anything else.

the economic growth target every year is always increasing, and this means that they are pursuing the target will be achieved according to plan. but in reality many problems are faced in a complex manner, which makes it a challenge to achieve these targets. even though many countries can achieve their targets, but there are countries that cannot achieve them, even a crisis, because of wrong steps

[ivanst776]

Economy will grow forever, though it will not on the uptrend always.
Remember that stock market is always on demand and performance.
evern our grades at school, we do need the performance to go high if not we slide/

[jatin729]

Well i don't think economy grow forever because there are too much competition around the world. Nothing is just in this world than how will say economy will grow forever? It won't
Country like India you can example where most of economy depend on agriculture and if monsoon was not good in a season than economy would not able to grow at expected rate. so Conditions matter alot

[East2011]

Nothing is stable in this world. Now the economy is so good. But there will still come a time that the economy will struggle and experience downfall. Its all depend on the leaders of every country on how they make their economy better and better.

[bkbirge]

Forever is a long time. What is true is that it can grow a lot larger than it is now. Limited by our own human failings. If you think crypto is big, wait until our great grandkids start building the offworld economy. 8 billion humans on Earth. In a few hundred years you can imagine a few times that spread out through the solar system. We won't see it, but the point is that we live in a MUCH larger world of possibility than most of us can imagine. Or some idiot head of state can press a big red button and the roaches can rediscover crypto in a few million years.

[zhanyiguai261315]

2019 may be the worst year of the last decade, and many economists feel that the economy will see a big decline this year!
The growth of the economy is inseparable from the state and international relations!
Will not grow forever, and will not stagnate forever!

[SeVenlast]

of course the economy will grow along with the times and the needs of the economy will also increase and continue to grow

True if all economies will always increase and increase because everyone will always make an increase in their shopping every day. So it will be proven in the future.

[rafi035]

in my opinion the economy will continue to grow in line with the development of the times because the needs of the economy continue to grow, of course

[mummybtc]

There is no economy that do not move in cycle, it just depends on how this circle last but the thing we have observes is that has human activity continue to contribute positively to the economic development of the state the growth would be positive but there is no forever economic growth anywhere there will certainly be a correction in a way

[redsap]

well economic growth will grow and increase significantly with the people growth and economic can't stuck in the high process it will gain growth and fall and then growth again. just like that so it always be making stable growth and violance growth just like that

[lihongjing]

No, the economy has a cycle. The current economic cycle is once every ten years. There will be certain problems in the economy every ten years. This is a loophole in the capitalist market. No one can solve such a phenomenon at present.

[YOSHIE]

The economy is definitely growing forever, even though natural resources have diminished like oil, gas, etc., but plants such as grapes, dates etc. always grow throughout the centuries, and technology will grow rapidly as the world demands today, I think the economy will continue to growall the time.

[otong]

the economy will continue to grow, especially in manufacturing and infrastructure. but the impact of such development is, nature will certainly be damaged and will be a lot of environmental pollution.

this is a consequence arising from the construction of a very massive infrastructure. there will be many forests cleared to build roads. but the positive effect that arises is the growth of the economy will be greater and per capita income of citizens will increase.

I think it's not always good for the economy to increase or fall I think bitcoin is the same as bitcoin there must be obstacles good and bad it is very reasonable for me my advice is so

[Seeker#9]

In the past, many of the countries suffered economic recession or crash then grow agaib after a few years. It means economy  will also go through the cycle of uptrend and downtrend. The government will surely put some measures to boost up the economy by raising taxes, interest rates and others. Some economists predicts that there might be an economic slowdown or recession in the next two years before it resumes it growth again. Will it affect the cryptocurrencies? That will remain to be seen in the next couple of years.

[Natalim]

I'm hoping that the economy will grow so people will be able to enjoy their life and of course we can generate investment.
Bad economy will lead to poverty and this will increase the crimes and the world would not be a better place to leave then, we should contribute to the goodness of our economy and I would like to believe that crypto is a tool that would help to improve our economy.

[jrrsparkles]

In the past, many of the countries suffered economic recession or crash then grow agaib after a few years. It means economy  will also go through the cycle of uptrend and downtrend. The government will surely put some measures to boost up the economy by raising taxes, interest rates and others. Some economists predicts that there might be an economic slowdown or recession in the next two years before it resumes it growth again. Will it affect the cryptocurrencies? That will remain to be seen in the next couple of years.

Economic growth can't be increased by increasing the taxes on their country but many countires have been doing that and stealing people's money in their country.You can see that mostly economical grown countries have less taxes for the common people and hig tax for the business people.The taxation may not directly affect the crypto but it will since it is money involved.

[mike_the_notorious]

No, there is an end to everything. However, with the economy a little more complicated. One thing I can say for sure - there will be ups and downs. And at the expense of growth - most likely, yes. If we talk globally, humankind is constantly developing, and development is interpreting economic growth.