“The end of cheap natural resources compounded by the debt collapse will prevent the future growth needed to pay the interest on federal, corporate, and consumer debt. We are seeing a last ditch spending effort to revive growth while other nations will still lend the U.S. money. After this, it is game over.
President Obama went to Harvard, but it was in law not economics, and even if he studied economics it would have been the wrong kind; universities need to retool and start teaching powerdown and steady-state economics because that is all we will have left within ten years. We will have to develop new economic models that do not rely on indefinite growth to pay interest on our debt.”
É irrelevante se são 10 anos ou não. Eu vou tentar ser mais sustentável e feliz. E o leitor(a)?
