I know this sounds presumptuous but the world is in serious trouble.
The economic woes of the European Community, that used to be called the Common Market, are there for us all to see.
Governments having to introduce cutbacks and severe measures to pay back or reduce a debt that is owed to the International Bank.
Where will this end?
The monies that these countries owe have to come eventually from the workers, who are expected to dig their countries out of debt by spending and spending.
But on what? And with what?
That’s the problem. The economic recovery depends on sustainable growth, people spending more and buying more each and every year.
But this isn’t a sustainable model. Just as in nature, a population can’t keep growing and growing exponentially, so the economy can’t also.
Something has to stop and if it doesn’t we will continue to see the gap between the rich and the poor grow larger and we will begin to see social unrest spread from the European countries to North America.
The fact is we are in an overpopulated situation and the lessons of the past are clear.
Social unrest will dictate the policies of our governments and globalization will be replaced by a fierce sense of protectionism. That may lead to even more serious unrest and perhaps to a spread of the religious wars that beset us now.
I hate to be a devil’s advocate but can someone please correct me in my logic? I believe that the present model of dependence on continuous growth is unsustainable.
So what do we replace it with?