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Topic: Will Economy Grow Forever? - page 14. (Read 4071 times)

newbie
Activity: 51
Merit: 0
August 05, 2018, 04:34:13 PM
Yes it will, until a "big thing" will happens for restart everything (I'm talking about a war, a catastrophe or something like that).
Economy is made to grow year after year, it could have some "slower" years, but long-terms it will always grow so much.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
August 05, 2018, 04:31:08 PM
Solution is sustainable living.

Whatever life we choose to live should be like the Good Bacteria living in human gut. They depend on us and we depend on them
No need to start thinking of population reduction or stuff like that. Our relationship with mother earth should be symbiotic like the good bacteria.

We should Plant more trees,  recycled more, use more biodegradable materials, punish people who harm the environment, use clean and renewable energy. 

 
full member
Activity: 206
Merit: 100
August 05, 2018, 03:34:41 PM
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?
In the past in history it takes many time for Economy to develop and usually in the end on the peak of that economy would be just transferred or evolving into something else, barter system become a money system where backups value, then without backup, probably the next step would be crypto money.
STT
legendary
Activity: 4102
Merit: 1454
August 05, 2018, 02:34:28 PM
The government isnt responsible for economic growth in a country, they are a major cost and possible interference.  The most justified part of government cost is operation of the military and protection of the borders to a nation but beyond that economic problems are not generally solved by a government.

The tax a government places on an economy should be a large clue to their effect of slowing down and restricting growth.   Some might argue a government prevents an economy overheating but this is mostly not the case as recessions still occur.   I wont argue with measures such as national stock piles of oil or other resources, there is some worth to a nation maintaining reserves but a large part of government is in distorting free markets and its not productive.   

There is a worth to Bitcoin remaining decentralised and anyone who uses BTC with just 1 website or whatever should be wary of losing all benefits given by crypto.   Growth naturally should continue, but also there is alot of false dynamics such as government, its debt, taxes, fees, tariffs that can reverse growth unfortunately.
member
Activity: 294
Merit: 11
August 05, 2018, 11:13:27 AM
Without fiscal crisis or any anomalies in the future, our economical growth will be vary matured and rampage. Its the capability of the government officials on how to handle certain economical problem that could be a part of countries future development. Bitcoin/Cryptocurrency and economy is very unstable and unimaginable in terms of future. Statistical analysis might shown that their is an increase or decrease (inflate or deflate) on some aspects.
member
Activity: 294
Merit: 10
August 05, 2018, 10:54:44 AM
Studying at the institute, I realized that the economy can not grow forever. There is a limit beyond which she never leaves. Most interestingly, reaching the limit of economic growth in most cases, the country crashes.
Yes, the economy once hit the growth limit will be the price inflation. This means opening up a period of economic recession for many years, but overall for a long time the economy has gone and it has become more visible in the past
full member
Activity: 770
Merit: 101
August 05, 2018, 10:53:30 AM
I think the economy is always changing in a gradual manner and there is a clear distribution in each period. At the end of the last century, the world economy is backward and volatile by war. 21st, is considered the most civilized era of man, the economy has developed and diversified all fields. Our people are the most intelligent creature on earth and always know how to explore, Discover new recipes. For that, the economy will grow forever
member
Activity: 271
Merit: 10
August 05, 2018, 10:51:13 AM
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?
Yes, economics and technology will develop forever and grow together. In my opinion, the economy is growing as today thanks to new technologies. Electronics have boosted the economy of the whole society, now with more blockchain technology, crytocurrency will soon make the economy even more developed
sr. member
Activity: 951
Merit: 250
August 05, 2018, 10:35:26 AM
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?

Up to rhis moment many people did not grow yet or even they grow but they did not have more experience than anyone else whi can easily differentiate the difference. In this world we come up in different cases and that is base on how are we going to handle it. Technology helps us to communicate and learned well because it posses new ideas.
member
Activity: 378
Merit: 10
August 05, 2018, 09:59:33 AM
The resources on the planet Earth are limited,but most of them can be recycled.The global economy can grow forever,but only if the input/putput efficiency increases and more and more resources are getting recycled and re-used.The third world countries will have to reduce their population growth and adopt more industrial technologies.
That is the main factors which government's in every country wants to happened, they are also developing recycled machines that can be useful to our industry and economy, as we know our technologies are getting improvements also due to our economy grow our resources is actually limited and if we keep abusing and using this, it won't take several year's.
full member
Activity: 994
Merit: 138
August 05, 2018, 08:11:56 AM
The economy will continue to grow with technology. Even technology is increasingly being developed for better economic sectors. Every country in the world is competing to create and develop technology with the aim of advancing their economics. So in my opinion, the economy will continue to grow coupled with technological developments
member
Activity: 245
Merit: 11
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August 05, 2018, 07:52:02 AM
Growing doesn't literally increasing or expanding its volume, cause a progressive economy experience good and loss to be more dynamic, reduces of resources make economy more sharpen to comply all stuff needed in resolving global economy crisis. There are many discussion that man more rely on its surrounding that conclude as a hindrance for a productive economy. Government make use all there designs even other portion of economy are partially exchange for reservation of power in other purpose such as environment for manly infrastructure.
member
Activity: 336
Merit: 10
August 05, 2018, 07:12:46 AM
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?

Economic growth is one of the major and few things people around the world would like to achieve. It is a proof that a country is progressing and its people are having a better living. But there are hidden sad things why one's economy grows. People tend to want to discover things which will help us grow but then, they overused those resources which on the other it inficts great damage on the planet that we lived in.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
August 05, 2018, 05:45:01 AM
Economy is always growing ,in any part of the world , there are times that the economy of a country suffer a crises , but it is still growing from time to time , but there are also time that economy is boasting , but still economy  is still growing in any part of the world.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
August 05, 2018, 04:54:16 AM
According to BP(formerly British Petroleum), Earth has nearly 1.7 trillion barrels of crude oil which will last over 50 years at current rates of extraction. According to other, no less reputable sources, we will run out of natural gas in 54, and coal in 110 years. But will it be the end of the world? I'm sure it won't. A reduction in resources can cause the invention of new ones, which has been always the case with humanity. Or, maybe with the use of new technologies the consumption rate will be much lesser than it is today. So, imo the world economy will grow forever because humans always invent something which helps them to survive.
newbie
Activity: 266
Merit: 0
August 05, 2018, 03:42:59 AM
Resources on Earth are limited, and the population of the planet is constantly increasing. So long can not continue. Crisis, force majeure, cataclysms, wars - this is what will relieve the imbalance. The economy can not grow forever. It is cyclic.
newbie
Activity: 27
Merit: 0
August 05, 2018, 03:21:48 AM
Exploiting natural resources does not go hand in hand with improvements that will create unstable public opinion or make the economy grow fast but not for long.
newbie
Activity: 30
Merit: 0
August 05, 2018, 03:04:09 AM

I think a country's economy will grow when investment opportunities are open, because there are capital inflows where local labor will be absorbed, which in turn requires goods and services to increase along with rising income. However, changes in head of state sometimes have an impact, can be positive or negative for businesses, especially investors. So the economy can't grow forever, because it can also be stagnant or down. The most obvious example is when investors run because a country is not safe, for example in a war.
sr. member
Activity: 798
Merit: 250
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August 04, 2018, 10:57:51 PM
Economic growth will always increase and decrease. it all depends on economic activity in a country. if the economy can run smoothly, then economic growth will increase.
member
Activity: 318
Merit: 10
August 04, 2018, 10:48:08 PM
the economy of each country will still grow as they want to be a bigger country, so they compete with the other country. they want to make their people can reach a good economy too in finances, and they will do many things to do this. but every state will have a different result as they don't have the same resources to grow their economy, but in the end, if they are severe to grow the economy, they will do the best thing for their country.
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