Seonglae ChoSmall transactions are repeated based on human nature, and the economy works
There are three factors that drive the economy by human nature.
- productivity growth
- short term debt cycle
- long term debt cycle
The template predicts and explains how these interact with each others
- The growth rate of debt should not be faster than income growth.
- Income growth must not be faster than productivity growth
- Productivity growth is paramount
Economics Components
