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gerhard7
CNBC International Live
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Comments by "gerhard7" (@gerhard7323) on "'Much worse than the 1970s': Historian Niall Ferguson has a warning for investors" video.
Love economics because nobody really knows anything.
325
I think I'm correct in saying that the world isn't actually producing much more than it was in the 1970s, but the only thing that's changed is the growing debt that's been attached to it. Really, in many ways, the last 50 years have been a great swindle and I'm sure that history will come to see it that way in good time.
25
Bognor really is beautiful at this time of year isn't it.
6
@athena3865 Take a look at Macrotrends GDP Growth Rate 1970 - 2022.
2
From what I've seen he's far from consistent I must say. Great gig if you can get it though. I'd love to be taken seriously and paid handsomely for regularly blowing smoke out of my derrière for a living wouldn't you?
2
@peterkratoska4524 Take a look at Macrotrends World GDP growth rate 1970 - 2022.
1
Today's 10% inflation in the UK would be closer to 18% by 1970s calculations. Lies, damned lies and statistics etc.
1