Growth in the G7 ‘Great Stagnation’ will be slower than in the Great Depression
The following article by John Ross, examining the current slow growth of the G7 economies, was previously published on Learning from China.
The Western G7 economies are in, and will remain locked in, very slow growth. How slow this growth is can be seen starkly by taking an historical comparison: the average growth in the Western economies in the entire period since the international financial crisis in 2008 will actually be slower than in the Great Depression after 1929!
