Canada is a really interesting take that I ctrl-f'd hoping I'd find a discussion on. It was doing a great job keeping pace with the US but seems to have really stagnated since the last 8 years or so.
I actually don't think much would've changed. Our core problems - low birthrate, and extreme dependence on RE wouldn't be affected one way or another. Things will probably get worse before it gets better, and it looks like we have to be more strategic when it comes to partnerships. Being a service industry with very low manufacturing doesn't help either. Decent amount of natural resources, but not enough people, nor cultural (yes, it's hard to find workers for the mines for good reasons, despite its high pays, and I'm very familiar with the issue due to relationships with people who are in the industry) and political willingness to go full-China style on them either.
We could try to push for innovation, but brain drain is real, because if you want money, it's really not that hard to find a job across the border especially if you're talented. And 10x market down there, so what's the point.
I think one of the bigger issues is in ‘08, when the government protected real estate mostly from the crash, real estate has siphoned too much investment from productive ventures
Canada is a really interesting take that I ctrl-f'd hoping I'd find a discussion on. It was doing a great job keeping pace with the US but seems to have really stagnated since the last 8 years or so.