Economic Collapse

so...from a resource standpoint infinity is an issue. I do think, to answer your question (I made mention of it above and it is real), the invisible tax. "Inflation"! Growth can be "manufactured".....and I am not talking about actual widgets being made but good old fashion fudging the numbers. See, this complex currency system, central banks, and inflation allows for "synthetic growth"...which pushes up values and cost of goods sold etc. You think it cost 400% more to create a bar of sex wax compared to when we started surfing...Manufactured growth. It is quantifiable MIS.

 

MIS Boom and bust had always been the norm until the goverment started subsidizing companies to big to fail. The market has in the past corrected itself. The question is how severe and are you in immediate need of funds. Of course if you are just a working stiff you may lose all while the big boys will enjoy their protection they paid for by fianancing their candidates into office and wealth.

 

don't forget about technology. at some point we will have fusion power and probably further down the road replication devices (think star trek) that can create things from anything.

 

In its present form, you may be right. But there is plenty of room for growth. Addtionally, the economy will evolve, as will the human biomass. Sooner or later a balance should be reached, but that will be pre-empted by a plague, decimating the population. Then growth starts all over again. See history year of 1348; Black Death wiped out 40-50% of Europe, but yet, there you are, by the grace of god, alive and babbling incoherently. <grin>

 

o barry

 

o bagus

 

o seldom

 

Viruses always keep growing, until something kills it. Use the analogy with infinite growth / humans, sparky.

OK, ok I'll spell it out for you MIS thing: humans are a virus; a virus is capable of infinite growth; the only thing threatening the infinite growth of a virus is an actively deployed anti-viral item, such as an anti-biotic; no such thing exists on this planet in re the human virus; ergo, infinite growth.

Stop screaming at your computer, MISsy, your neighbors will think you've gone all Jared on them.

 

Yankee, two things kill a virus: antivirals or no more hosts. if the virus consumes the resources of the host, the virus has no where to go. I dont yell at my computer, the suns hardly up and I live in a tight neighborhood.

I understand inflation JD, but its really just a delay tactic, or an illusion.

and pump, if fusion energy or some groundbreaking tech comes into play, then yes, its to the stars!!! but I think you read snowcrash and diamond age a lil too much, but that is some good positivism

 

not even the stars. just taking less resources here. Ultimately i think the space elevator concepts will be the gateway to the stars. Solar system first then onward.

 

I see your point, withlimitless energy, we can make a little go a long way resource wise.

however, imo, the end game for mankind is interstellar travel. from a statistics POV surfaces of planets are fragile and susceptible to being ruined. so yes baby steps, solar system then beyond, or face ruin

 

http://news.discovery.com/space/history-of-space/warp-drive-possible-nasa-tests-100yss-120917.htm

 

http://www.huffingtonpost.co.uk/2014/01/17/rise-of-the-machines-economist_n_4616931.html

The main thing we need to worry about in the link above. Almost 1/2 of all jobs are moving to automation.

 

robots need service don't they?

 

"The only problem is, previous studies estimated the warp drive would require a minimum amount of energy about equal to the mass-energy of the planet Jupiter"



thats a big maths problem to solve, but hey, lets hope for the best

 

I guess we need to define growth. Population growth? GDP Growth? The former will be regulated (famine/disease) and the latter will be manufactured (inflation...tactic it is, illusion it is not....$2 for a bar of wax is real)

I just don't see the host running out of chips nor do I see the viruses consuming to the point of depletion....that is until the sun burns out.

 

that was the original idea

 

It goes beyond just robots such as software replacing jobs like paralegals, accountants, radiologists, etc.....

If it is true that 47% of jobs could be lost socialism might be on the way.

 

or more tech savvy workers

 

or more tech savvy workers