Japan Takes Huge Tumble... At Risk of another Recession

[HANZ 4,380]

well it will be several years before oil production falls enough to give them trouble... And once that happens they can dip into their savings fund to pay for restructuring and creating a new economy not dependant on oil

So Norway isnt necessairily screwed. My point is that even the most prosperous places have their issues and are at risk of going downhill if not properly managed by their Government

Wealthy Countries that have higher labor costs and a population making expensive demands has a harder time competiting with emerging markets...

and an economy thats already efficient and the population already educated and the country already industrialized will have a harder time growing their GDP and so at best it grows along with population

So its harder for Developed Nations to stay at their peak. Nations like Russia have less of those issues

So basically countries are just like artists, they reach a peak just like gaga did with the fame monster and is EXTREMELY hard to recreat something like that again, since you already had your peak

[Economy 52,837]

So basically countries are just like artists, they reach a peak just like gaga did with the fame monster and is EXTREMELY hard to recreat something like that again, since you already had your peak

well its easier for a Country to stay at their peak than an artist...

But yeah the idea is kind of like that to a lesser extreme... And over a much longer period of time than a music artist