When the Money Runs Out: The End of Western Affluence


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An esteemed economist warns that Western societies' economic expectations for the future are about to collide with reality The Western world has experienced extraordinary economic progress throughout the last six decades, a prosperous period so extended that continuous economic growth has come to seem normal. But such an era of continuously rising living standards is a historical anomaly, economist Stephen D. King warns, and the current stagnation of Western economies threatens to reach crisis proportions in the not-so ...

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