In the 20th Century and early 21st Century global income typically rose by 5%. That changed in the Great Recession of 2008/2009 when it shrunk dramatically to a bit more than 1%.
In the 1400s, global income rose only .1% per year.
In the 20th Century and early 21st Century global income typically rose by 5%. That changed in the Great Recession of 2008/2009 when it shrunk dramatically to a bit more than 1%.
In the 1400s, global income rose only .1% per year.
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