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Thread ID: 126988 2012-09-28 11:29:00 Have we reached the end of economic growth? zqwerty (97) PC World Chat
Post ID Timestamp Content User
1303843 2012-09-29 02:50:00 Economists are mad and we've been following their glove puppets for the last thirty years, hence the coming disaster. zqwerty (97)
1303844 2012-09-29 04:09:00 Building your economy on the idea that you must sell more and more of whatever isn't sustainable long term.


Indeed, finite planet, infinite growth, no.

Exactly.

Too many greedy buggers! Can't be happy with just making a good profit, they think they have to make a bigger profit every year

Just like the music\film industry, they make millions of dollars in profit, yet still whinge about pirates etc and say they want even more money. They should be happy with what they get.

So long as it's not going backwards, they shouldn't complain!
Agent_24 (57)
1303845 2012-09-29 05:12:00 I blame the greedy consumers and public who ever since the 50s and 60s have wanted more and more, and now want better and better smart phones, PCs, teles, cars for eg.
I also blame the underdeveloped countries who no longer let us exploit their natural resources for the benefit of the west, and who used to be happy with receiving brass and enamelled baubles made in Birmingham, iron-ware and cheap tin trays in return, not forgetting the bible classes ;) :rolleyes: :lol:
Terry Porritt (14)
1303846 2012-09-29 05:47:00 Building your economy on the idea that you must sell more and more of whatever isn't sustainable long term.

And it is a relatively new thing.

Debt accumulation of the size we are seeing is a new thing too, hence the need to sell some of the silver to get back to normal.
Cicero (40)
1303847 2012-09-29 06:32:00 This growth in GDP mantra has always intrigued me.

Can any economy keep growing like that?

Does it depend on an increasing population ?

Or "productivity"" ?

If a country keeps growing at say 3% a year then it must not be too many years before it has doubled its production!

This cannot be possible.

Eg a wine waiter can only service so many tables
A radio announcer can only annnounce so many songs.
Digby (677)
1303848 2012-09-29 06:36:00 My house in England was 850 quid, now worth 200,000, seems to be managing ok. Cicero (40)
1303849 2012-09-29 07:59:00 Managing OK? Collapsing economies around the world on the back of record greed?
Carry on in deludedvile if you like!
Big adjustments are around the corner, pay off your debt and start producing your own food!
KarameaDave (15222)
1303850 2012-09-29 08:15:00 Anybody with something sensible to say? Cicero (40)
1303851 2012-09-29 08:24:00 Anybody with something sensible to say?
Good job UK stuck with the £....edit: and I bet Germany is wishing it still had the DM
Terry Porritt (14)
1303852 2012-09-29 08:33:00 Managing OK? Collapsing economies around the world on the back of record greed?
Carry on in deludedvile if you like!
Big adjustments are around the corner, pay off your debt and start producing your own food!

+1
gary67 (56)
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