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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (5265)	3/21/2008 5:35:19 PM
From: the navigator	Read Replies (1) \| Respond to of 71456

Good interview, thanks! At the very end, Mr. Volcker commented that one of the things we have to do is decrease consumption. This is heresy to the current economic model. This raised a question I've been trying to formulate for some days now. The world's economy is based on continually increasing consumption. Mathematically, this model is unsustainable. When we max out is open to disagreement, but I think most people would admit that the earth cannot support continual and unlimited growth and consumption. Sooner or later we are going to max out. So what economic model can take the place of continuous growth and consumption?