THE ECONOMIST

End of the world is nigh

14 years ago

The world did not end on December 21st as the believers in the Mayan calendar believed that it would. So, now the focus should be on economic development and the expectation that growth is inevitable. Consumption is always on an upward path barring a few hiccups aptly named recessions.

The world didn't end, it just entered a recession

The world did not end on December 21st as the believers in the Mayan calendar believed that it would. So, now the focus should be on economic development and the expectation that growth is inevitable. Consumption is always on an upward path barring a few hiccups aptly named recessions.