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jk27277

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"we import more than we export. " Doubt that. Before you answer with a statistic, Google "dark matter in accounting" regarding the deficit.

If apple sells an iPhone to Germany. In what export balance does it appear? What company makes the profits?

”I often think the big challenge of economics now is perhaps not managing overall growth but managing sort of "decline" overall with demographic changes.”

You are a quick thinker my friend. If you figure out how capitalism can work on a shrinking or even steady state economy you will get the Nobel price. No kidding.

Doing an esterfication and extracting something are still two different things. There is no aspirin tree, even if the pharmacological actions are the same.

TLDR: if, in a post apocalyptic world, your home laboratory is still running, you are able to grow penicillium or aspergillus cultures. These may, or likely may not, produce penicillin..