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Twin Secular Stagnations: Productivity Growth

This is a syndicated repost published with the permission of True Economics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

For those of you following my coverage of the Twin Secular Stagnations thesis, here is more recent evidence on sluggish productivity, via @soberlook and @oxfordeconomics;

In simple terms, post-2008 crises, we have not recovered in terms of productivity growth in the advanced economy. This is one of the core blocks to the supply-side part of the TSS thesis: a permanently lower expansion in productivity, driven by a range of factors, including demographics and technological innovation (the nature of).

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