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We’re always talking GDP figures, as we know. Those of us that are slightly older remember when GDP growth was two and a half to three per cent every year and the world seemed fine. <\/p>\n
Well, now there basically is virtually no GDP growth whatsoever. The figures we got out today for the last quarter were utterly miserable, showing growth of 0.1 of a per cent. <\/p>\n
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But the really interesting thing, and what nobody seems to want to talk about is GDP per capita. What is wealth? How do we measure it by the individual. <\/p>\n
Once again it was down. And here’s the thing, since the fourth quarter in 2022, GDP per capita has increased in two courses but fallen in six. <\/p>\n
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We are getting poorer, and yet it seems to be the only way we get any GDP growth at all is through mass migration.<\/p>\n
Why? Because there are more people. The economy is that little bit bigger.<\/p>\n
LATEST DEVELOPMENTS <\/strong><\/p>\n
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