@lennardvanotterloo @pluralistic

That's a feature, not a bug. Wall Street is a game of convincing people with money to put the money into the market because the market will beat inflation. Aside from a small minority of contrarians, everyone benefits from using optimistic metrics that keep the narrative of growth alive as long as possible.

(See also, the reclassification of the Finance sector in the early 90's which has kept American GDP growing on paper even as the real economy has stalled)