Note: This piece is a creative editorial response based on the title prompt. It does not correspond to an actual existing episode.
But walk into a pharmacy in Kyoto. You’ll see a 75-year-old woman buying adult diapers and blood pressure medication. Then walk into a playground in Tokyo. It’s empty. Three children. Twelve benches. gdp episode 359
Welcome back to GDP. You’re watching Episode 359. Last week, we talked about the velocity of money. Today, we stop pretending. We ask the question no textbook wants to answer: What happens when a country gets richer, but the people get poorer? Note: This piece is a creative editorial response
We end today with a thought experiment. Let’s call it the . You’ll see a 75-year-old woman buying adult diapers
Let’s go to Japan—our favorite cautionary tale. GDP growth? 0.8%. Anemic.
The Bureau of Economic Analysis just dropped the Q3 numbers. Topline GDP growth: . The pundits are cheering. A soft landing! No, a no -landing!