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Old 04-04-2012, 21:47   #8
MovedGoalPosts
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Re: The evidence is overwhelming that unlimited industrial growth is no longer possi

Regardless of how this thread started.

The Uk, European, Western, indeed the World economy is based on the idea that each year things will get bigger. But it can't. At a very simplistic viewpoint think of things as a pyramid scheme. Day one I can sell to two people they then sell to another two each, and so on. Eventually everyone has that item and the market stalls. The reality is that the Uk, European, Western, and worlkd economy stalls as we reach saturation. Obtaining raw resources from the planet just compounds that problem as we run out of stuff that we can even convert to stuff that someone wants.

Bottom line for years our economies are founded on a notional, paper, value, rather than tangible assets of gold (how did Mr Brown mnage to sell the UK gold reserves if they meant anything to the economy), and suddenly the world has woken up that this paper actually didn't exist.
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