Future Echo

Please note this is a work in progress and any comments are appreciated. Peer Review additions February 2022 shown in purple Quick read summary Since Homo Sapiens appeared on this planet they have been subduing it. Being sapiens they developed models for the economy which we now call GDP . In recent years there have been changes to the SNA, which is the UN document countries use to calculate GDP. I question the reliability of the global and national GDPs as measurement instruments. It started with the bursting financial bubbles of 2008. Then added cryptocurrencies that aren’t even paper linked to economic activity. Add to that climate change. Then Covid 19. And consumption will plateau due to a population no longer expanding. We have banking instruments that are virtual and, in some cases, recursively virtual. And the SNA champions those activities. I thus perceive we are heading toward some sort of  Impending Economic Tsunami !  The GDP figures are inaccurate, in part because the mo