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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (94170)	9/1/2012 3:47:26 PM
From: dan6	Read Replies (2) \| Respond to of 219738

The problem with financial growth is that it cannot grow indefinitely. Its ultimate limit is that the Earth is only so big. Certainly if growth is based on consumption (which, given, not all growth is) there is only so much to consume. Similarly, people who claim there is no (people) population problem fail to acknowledge the same thing. Eventually, there will not be enough land for everyone to stand on. People will be stacked on top of each other. This, at the least, will make the logistics of defecation unpleasant for those living in the second tier. As far as the issue of debt, the larger point made is not how to not pay back debts owed, but how to create an economic system that doesn't create debt, period. Because for debt to be paid back, there has to be economic growth--the making of something out of nothing to cover the vig (the interest owed)--and this magician's trick can only be done so may times, in so many ways... -d6