Sunday, April 30, 2023

Destiny calls

Via Chartbook.  

If you project Germany’s growth rate between 1901 and 1913 down to the end of the twentieth century, you exactly predict where a reunified Germany - after WWI, Weimar crises, WWII, division after 1945 - actually ended up by the 1990s.















This is the extension of a famous graph first drawn by Knut Borchardt by Albrecht Ritschl.

An amazing example of the power of fundamentals.

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