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Fairly interesting read on the Economy

Re: Fairly interesting read on the Economy

Yea, I think we are over the cliff already. We will have to renege on all debt and start with a fresh currency.
 
Re: Fairly interesting read on the Economy

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Phil1</div><div class="ubbcode-body">http://en.wikipedia.org/wiki/List_of_countries_by_public_debt

http://www.economist.com/node/21560581

All you need to know. </div></div>

the figures are interesting, but they dont tell the whole story. If one took the time to watch the video youd see that the 3 E's, Energy, Enviornment, and Economy are all working together in this. Its kind of like each one plays off the other pushing us towards an imminent critical mass. I had seen each of them seperately but never saw the intertwine explained as they did.

With population growing and resource shrinking there will come a time when it well collapse, and services will stop. Its already happening. What the report shows is that as the critical mass approaches the rate of collapse will increase. Can you imagine if food and water and power (for heat etc.)stop flowing to places like NYC, It can happen.

Even if the government knocked three 0's off the total debt, it wouldnt fix the population to resource problem. Either the world faces this one fact, that population growth must stop now, and hopefully actually decrease, or were going to face shit on a scale the world has never seen before. Its only a question of how the decrease will happen...can we choose it and do it ourselves in an orderly fashion, or will it happen through plagues, starvation, wars etc.

Time will tell.
 
Re: Fairly interesting read on the Economy

I think those that are prepared will survive, but there will be a dramatic "reset". Stock up on Food Firearms and Fuel in order to deal w/the immediate aftermath and have a stockpile of gold & silver for when things smooth out.