Quote:
Originally Posted by Taggerung
Just one problem- there isn't enough energy and resources left to fight another global war. Mechanized wars cannot be fought without abundant oil, and the world has already hit peak oil.
The thing about a debt based paradigm is that debt can legitimately never be extinguished- it can only be discharged through mass default or repudiated through hyperinflation. My bet is that the debt will be repudiated through a global hyperinflation.
This financial paradigm is tragically absurd.
|
Humans are set to go extinct soon and so will never run out of energy resources (because they'll be dead). Have a nice day.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
