03-03-2009, 11:16 AM
Interesting, Jan. I didn't know about the crash of 1873.
The problem now compared with past economic collapses is that in the past recovery was made possible by the exploitation of natural resources and I doubt this escape route is still available.
Crops are failing, fish stocks dwindling, extreme weather is becoming a lethal threat. This poor old planet is crying out for help. The only thing we have in abundance is people. The planet is infested with human beings. If we can't feed the current 6-7 billion inhabitants, then there's no hope for the 9 billion inhabitants predicted by 2050.
We are already beyond the planet's carrying capacity. If modern economists can't accept this fact, then it's a failed ideology, operating beyond the boundaries nature has imposed. Religion has a lot to answer for too, but that's for another time and place.
It's looking more likely that the only viable recovery might be a soylent green led recovery.
Of course, I'm not advocating this. I'm just saying this is where we are at the moment, sadly.
The problem now compared with past economic collapses is that in the past recovery was made possible by the exploitation of natural resources and I doubt this escape route is still available.
Crops are failing, fish stocks dwindling, extreme weather is becoming a lethal threat. This poor old planet is crying out for help. The only thing we have in abundance is people. The planet is infested with human beings. If we can't feed the current 6-7 billion inhabitants, then there's no hope for the 9 billion inhabitants predicted by 2050.
We are already beyond the planet's carrying capacity. If modern economists can't accept this fact, then it's a failed ideology, operating beyond the boundaries nature has imposed. Religion has a lot to answer for too, but that's for another time and place.
It's looking more likely that the only viable recovery might be a soylent green led recovery.
Of course, I'm not advocating this. I'm just saying this is where we are at the moment, sadly.