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Re: economy

Posted by sigismund on September 26, 2011, at 14:15:49

In reply to economy, posted by sdb on September 26, 2011, at 2:03:58

The political dynamics will be interesting. Future generations will be right to be angry with my generation.

On a projected rate of 3% growth, if the whole world had a western standard of living, we would need 8 or 10 planets, so it's not going to happen.

We seem to be at the disastrous end of a particular kind of economics, and we don't know what is to come.

It looks like we won't be able to borrow or grow our way out of it.

 

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poster:sigismund thread:997906
URL: http://www.dr-bob.org/babble/poli/20110926/msgs/997935.html