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What you are saying may occur Schumacher, but I think the theories behind it are wrong. Wealth transfer (and growth) recently has been to China. Next cabs off the rank India, Bangladesh. chunks of Africa. Technology leads to massive growth, in some cases using far less resources than before.
I agree that the world financial markets are a propped up mess, but the future will look after itself, probably by repeating what we have seen for millennia, not just the past 100 years. Empires come and go.
Last edited by jonu; 05-08-2016 at 08:36 AM.
Reason: cabs
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