this post was submitted on 31 Jul 2024
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collapse of the old society
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So this year is predicted to be the peak in industrial output with a sharp decline over the next two decades?
I would not put too much faith into this graph to predict a specific date for the peak.
However what we can see from this graph is the inflexion of the curve, the growth slowed down and we already see the effect of it.
We are reaching the peak, it might plateaus for a few years before a slow decline or we could have a sharp decline happening before the end of the year.