Peak Tech News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Before, so the two drivers of economic growth, one is increase in productivity, and the other is increase in the labor force. the increase in the world's labor force between 1950 and 2005 was exceptional and that has come to an end. that demographic surge has come to an end, and we want to keep harking back to the growth rates that we had in that golden era, not realizing the population today, including the u.s., is growing it a half the pace as what it was in that golden era for economic growth. >> one other thing you point out, which is very interesting is just to show how out of whack thing...

Massive surge in population like never before. there's two drives of economic force, one is productivity, and two is the increase in the world's labor force. the increase in labor force has increased until 2005 and we want to harken back to that global era, but the u.s. is growing at half the pace for that glowing era for economic growth. >> just to show how out of whack things are right now, we're also at peak tech, that the valuation of tech companies are staggering. you point out that apple's valuation and market capitalization is bigger than the entire country of italy. >> the market cap o...