Quote from: zimmah on May 17, 2014, 07:39:51 PM

Quote from: MahaRamana on May 17, 2014, 07:07:07 PM

Quote from: zimmah on May 17, 2014, 05:16:13 PM

...we're already overproducing...

made me think of this : http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-die

Quote

As it is, there are more cars than there are people on the planet with an estimated 10 billion roadworthy cars in the world today.

You see, this is exactly what's wrong with inflationary economies. It's never enough.

We have more phones than people, we have more cars than people, we have more TVs than people. And even though there's enough for everyone, they rather let them rot and actively buy up land to park them and let them rust and even recycle them (without them ever being used) than to sell them at reduced prices or (the horror) give them away to people who can't afford them. Or maybe, you know, use the land for something like growing food or something.

And that all while exhausting the planet for the materials to build more and more, even though there is already not only enough for everyone, but too much. The only reason they keep on producing is because if they stop producing, the economy would collapse even further. How can you expect an economy to last if your economy requires you to produce 12 billion cars while there's only 7 billion people, and half of them can't even afford food?

At the same time they stop to build houses even though more and more young adults keep living at home because they can't afford their own houses because of the inflated house prices, just to keep the house prices inflated.

The world has gone mad.

Yep, this is just another case of the fact that we can't have perpetual growth on a planet with finite resources.

The infinite increasing growth and consumption model is the one that has been sold to us because the fiat-money-debt-ponzi on which the global economy has been built on necessitates it.

snakebit

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