Dave, you’re like spiderman shooting a web of bullshit in his enemies eyes. Interesting that Bernake does the same thing.
And you’re lying. you knew what I meant by my statement and when I called you on it you tried to dance around it because u, at least subconsciously, know it’s illogical. I assume you are familiar with the school of thought(limits to growth) because its been around since the seventies and you are a well versed guy.
Since you intuitively knew where the conversation was going and the logical conclusion that you can not face, you shoot your web of bullshit to obfuscate and avoid the obvious. you throw out non-growth vehicles, blame my writing and population increases. But still cant avoid the fact that economics pushes growth for the sake of growth and it can’t go on forever, regardless of what population does. In fact, at this stage in the game, population makes things worse under our manmade economic construct. Also, economics happily embraces population increases because of it’s need for growth.
There are steady state as well as natural law economic programs but they have been laughed at by the high priests of the church of growth which you are a proud junior member.
Sustainable growth is an oxymoron and only a magical thinking econ-minds think otherwise. And you call me illogical after coming up with a formula for the impossible. Thats rich. I would assume since you are stuck in magical thinking it would make sense that you would think I am illogical.
Last but not least, economic growth is over because energy growth is over and very soon will decline dramatically. Which means economic growth will go into decline because energy is the underpinning of economic growth. Period. Not population, not capital, but energy. Economics can’t get around physics with a formula.
Since economic growth has to decline the mountain of debt has to explode by it’s own design along with the decades of debt based products the wall street shysters have been selling around the world.
Welcome to the debtocalypse, dave, I’m the fucking antichrist