“The first is that we’re consuming more than we invest. How much more? Three times as much. We invest at 25%, and consume at 75%. Those are ruinous economics. They are why three to five decadesgg of unprecedented catastrophe are now headed our way. The 2030s — the decade when climate change goes catastrophic. The 2040s — the era when mass extinction goes unclear. And the 2050s — the Final Goodbye, when the earth’s great ecosystems finally begin to irreversibly die off. All that will take our civilization’s systems — from secondary ones, like finance, employment, and shopping, to primary ones, like food, air, water, and medicine — with it. Bang! The lights go out.”
Why Economics Says Our Civilization is Going to Collapse
https://eand.co/why-economics-says-our-civilization-is-going-to-collapse-b3bc6fc8973e
via Instapaper
Why Economics Says Our Civilization is Going to Collapse
https://eand.co/why-economics-says-our-civilization-is-going-to-collapse-b3bc6fc8973e
via Instapaper