• Triasha@lemmy.world
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    1 month ago

    A falling population with a stagnant economy sounds bad but that’s a rising standard of living.

    Long hours are not captured in GDP but Japan had that problem long before the population pyramid inverted.

    • boonhet@sopuli.xyz
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      1 month ago

      Oh no, not just stagnant GDP. Stagnant/decreasing GDP per capita. The absolute GDP is down even more.