[luckyscs]

This argument fails to account for the insane amounts of wealth that djia Nasdaq are gaining from global growth. I would like to see these numbers compared with global gdp vs the total government spending of all nations.

I also question how the switch from products to services has influenced the numbers. I don't know how gdp is calculated but it seems non trivial to value goods to services in a why that truely communicates the expansion/value of the economy.

Further more, markets look to the future. Let's say an asteroid passes by with all the energy and materials we would ever need and we could harvest then for free, would the market grow by all the value of the minerals in that asteroid?