Industrial output now is much higher in real terms than in the 70s.
replyDying from heatstroke in the summer is a third.
replyThis only works if the UK had a bunch of ACs in the 80s but got rid of them all in the last couple decades because of some vague degrowth bogeyman.
replyNot keeping up with the developed world is degrowth.
replyI hope Europeans remember their colonial history because with how they are managing their economies they are going to have it revisited on them in a generation or two.