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Topic: Will Economy Grow Forever? - page 3. (Read 4071 times)

sr. member
Activity: 791
Merit: 273
This is personal
December 10, 2018, 05:25:09 AM
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.
newbie
Activity: 81
Merit: 0
December 10, 2018, 05:10:16 AM
of course the economy continues to increase with the development of the times and of course with the development of the era of need will increase rapidly we must be able to keep up with these developments
The economy of a country certainly does not grow forever, because sometimes it slows down and even experiences setbacks. It all depends on the conditions being experienced by the country. If a country is at war, of course the economy experiences a setback, because all available resources are mobilized to win the war. But in a normal state the economy of a country is bound to grow, some are slow and some are fast.
newbie
Activity: 42
Merit: 0
December 03, 2018, 02:07:14 AM
Nothing on the earth planet is ever indefinite if you look at it in the right time scale. Otherwise,things go to infinity. The key issue is that exponential growth will to impossible places. Economy is always dynamic in nature. There are factors that are responsible for the dynamics. No economy has ever remain stable right from its existence. It will be impossible to have indefinitely growing economy because of factors such as:
-population growth
-exhuastation of natural resources
-Terrorism
-war
Those and other factors will prevent economy to grow indefinitely.
The economy is not always growing something its encounter a not good situation but if there's a good leader who have care to economy and to the people then surely there economy will grow but not forever because its depend whose the leader of the country. Also if the economy is good it means they have a good government officials, or good leader.
Sometimes it happen that some natural disaster make the economy in lose and the lack of education and professionals also make the economy weaker. If the governments will make sure that they are giving a stronger and a high quality education to their citizens then there will be a best economy of the country.
hero member
Activity: 1085
Merit: 500
hi =D
November 30, 2018, 06:05:51 AM
with all certainty of growing economy, new ways to invest and buy and sell, the blockchain came to stay for quite a while!
full member
Activity: 1036
Merit: 109
November 30, 2018, 06:01:49 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?

What rises also falls, there's no such thing as a consistent rise. Even with innovation and improvement, we also see declines from time to time. With development, we use resources, man power, etc., which is scarce or limited. It can have a bad effect on the over all growth with lesser resources.
hero member
Activity: 1484
Merit: 516
November 30, 2018, 05:16:06 AM
The objective understanding of the world economy is definitely permanent growth, and time is irreversible. Therefore, all human movements are growing economies, but crazy growth will also face two levels of differentiation, or the rich will become richer. The poor will become poorer. This is the most difficult problem to adjust in the world.
No The rich are not getting richer and the poor are not getting poorer.World economic growth returns to the government that regulates the course of money,have you ever heard of people who kept crypto from the 4 years he saved the results he became rich and that was a poor person.Crypto has helped the world economy basically but still the government that regulates the course of money,economic growth is also equipped with a human level and spending to advance a country so that the same cycle goes up and down like the value on our market.
member
Activity: 271
Merit: 10
November 30, 2018, 04:24:01 AM
The objective understanding of the world economy is definitely permanent growth, and time is irreversible. Therefore, all human movements are growing economies, but crazy growth will also face two levels of differentiation, or the rich will become richer. The poor will become poorer. This is the most difficult problem to adjust in the world.
member
Activity: 210
Merit: 18
November 28, 2018, 11:38:06 AM
Never any economy of any country has constantly grown. Each country has a period of time when its economy thrives and when everything collapses.
member
Activity: 476
Merit: 12
November 28, 2018, 09:39:40 AM
As long as the earth remain we need our economy to grow. As time pass by technologies are advancing so also our economy need to advance. In other words Economy will for ever.
jr. member
Activity: 378
Merit: 1
November 28, 2018, 09:20:55 AM
in my opinion not. the economy in each country will experience various shocks and crises so that each country will experience growth and decline in the economy. so, every government must have a strategy so that economic growth can increase every year, at least to survive. now the trade war between China and America has a negative impact on economic growth in all countries.
Agreed with you, the economy of the country will have different stages, it can not develop forever because around the economy there are so many different factors, these factors directly affect to it. As the case you are saying, there is also a factor, it is a trade war between countries, countries want to develop and occupy most of the market, and the winner will always have one, the loser will be affected, the loser's economy may stop growing for some time, therefore, there is no economy developed forever, always have the difficult period
sr. member
Activity: 574
Merit: 250
November 28, 2018, 06:25:45 AM
in my opinion not. the economy in each country will experience various shocks and crises so that each country will experience growth and decline in the economy. so, every government must have a strategy so that economic growth can increase every year, at least to survive. now the trade war between China and America has a negative impact on economic growth in all countries.
copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
November 28, 2018, 05:35:45 AM
Eventually, the economy grows as time passes by. Politics have a huge contribution over it. A good system of government makes the economy grows to a lot better. Every decision of the leaders involves a big influence to the economy.
Yes i do agree. If their would be good governance then it will follow. There would be a sustainable development of a country.
hero member
Activity: 1190
Merit: 500
November 26, 2018, 06:51:31 AM
Nothing on the earth planet is ever indefinite if you look at it in the right time scale. Otherwise,things go to infinity. The key issue is that exponential growth will to impossible places. Economy is always dynamic in nature. There are factors that are responsible for the dynamics. No economy has ever remain stable right from its existence. It will be impossible to have indefinitely growing economy because of factors such as:
-population growth
-exhuastation of natural resources
-Terrorism
-war
Those and other factors will prevent economy to grow indefinitely.
The economy is not always growing something its encounter a not good situation but if there's a good leader who have care to economy and to the people then surely there economy will grow but not forever because its depend whose the leader of the country. Also if the economy is good it means they have a good government officials, or good leader.
of course the country's government leaders will greatly influence to the country's economy, if they have strong and influential leaders, all elements such as the opposition and the public will be confident in the government so that the factors that affect the economy increase such as rapid investment, employment more and more, because people dare to become entrepreneurs..
member
Activity: 308
Merit: 15
November 26, 2018, 06:33:24 AM
I found out now that economy does not grow forever because it could also goes down or fall down to nothing. This especially if those who managed the economy are not effective enough to make it grow. A few mistake is enough for an economy to fall down. However, it could be build again and get it stronger.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
November 26, 2018, 06:15:24 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?

Well, we still cannot further say an assurance about that because it still depends on the application upon the situation if there will be a sudden stop in the economic growth or there will be just a continuous rise and innovation not just on the technology but as well with the adverse effect of it into the over all aspect we must consider to state the the economy is experiencing a positive out growth. But I bet, we are all expecting that the economy will ve stable on moving forward despite of the many economic issues that many countries are facing right now.
sr. member
Activity: 812
Merit: 250
November 26, 2018, 06:09:19 AM
I think, people will continue to strive to develop and improve the economy and with limited resources, the government will definitely look for ways to overcome these problems and maintain economic stability, so the economy will continue to grow along with technological advances
Its dependto the country because not all the time they can encounter a good economy. And since the popularity is growing surely economy will be change, there arepossible it will fall or rise depend to their government how they adopt the rising popularity of there country. While those country that experiencing a growing economy for longer year, surely they can continue to grow it.
MRY
full member
Activity: 560
Merit: 109
November 26, 2018, 05:43:52 AM
I think, people will continue to strive to develop and improve the economy and with limited resources, the government will definitely look for ways to overcome these problems and maintain economic stability, so the economy will continue to grow along with technological advances
hero member
Activity: 1582
Merit: 759
November 25, 2018, 11:56:58 PM
If economies grew forever, it'd be a great thing.
If the stock market only went up, well that'd be a different story. We need to define the difference between the two.

There's a good read here: http://donellameadows.org/archives/when-the-stock-market-goes-up-and-the-economy-doesnt/

Bitcoin actually applies very much so to this logic.

W/ economies, expect crashes. Historically though, if you stuck it out through the crashes and averaged down, you would have benefited.
full member
Activity: 826
Merit: 100
November 25, 2018, 09:27:27 PM
of course the economy continues to increase with the development of the times and of course with the development of the era of need will increase rapidly we must be able to keep up with these developments
every year, of course the government has a target for economic development in its country. but not all countries meet the planned targets, resulting in an economic downturn compared to the previous year
member
Activity: 546
Merit: 33
Rasputin Party Mansion
November 25, 2018, 06:48:10 PM
Nothing can grow forever, by definition.
So the positive and negative cycles will continue to exist as it has always happened throughout history.
In fact, it seems that a next serious global recession is coming.
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