11-30-2016, 11:22 AM
(11-29-2016, 06:21 PM)Warren Dew Wrote:(11-29-2016, 04:02 PM)David Horn Wrote: You explained the problem, then ignored your own argument. Japan is not growing, because it's short of young people and the elderly tend to live forever. It's nearly impossible to create growth in that condition ... and Europe is heading that way too.
Unlimited expansion of the population is impossible, and stagnant growth of the population tends to stagnate the economy. I've seen no model that fixes that state other than agreeing to lower growth and monetizing the debt to keep things in perspective (growth in the monetary side of the equation with enough inflation to make bonds viable).
I'm sure you hate that to death.
Be as sure as you want; you're still wrong. Perhaps you should read before jumping to conclusions.
Declining rates of fertility is affecting many nations, and will require a different, non-growth related economic model. We don't have one yet. For all of that, Japan, the first to hit the wall hard, is not failing or becoming a third world nation. We don't know how to talk about zero, to say nothing about negative, growth in a positive way yet, but we better learn. Worldwide ZPG isn't all that far in the future.
What's the carrying load of the world? Can it maintain viable societal functions if the population reaches 10 Billion? How about 12 or even 15 Billion?
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.