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Old 08-01-2018, 04:00 PM   #2363 (permalink)
aerohead
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prop it

Quote:
Originally Posted by sendler View Post
Actually the same will be said about the global economy crash when the next debt bubble collapses and there is declining energy availability from dwindling fossil fuels to try to prop it up again. And this will happen much sooner than any climate change complications.
Some economists are said to recognize economic models that are decoupled from fossil fuels.
If there are no structural obstacles to pursuing those architectures then maybe we'll just skip over.And not look back.
Our greatest fear would be another Alan Greenspan at the FED.
When Brooksley Born (a national hero!) at the Commodity Futures Trading Commission,with oversight of the derivatives market, sounded the alarm for the impending economic meltdown of 2008,she was obstructed by Greenspan and his Libertarian ilk,summarily defunded,and defenestrated, making it structurally impossible for her to protect the American People.
All it cost Greenspan was some breath,as he appologised before Congress, for ruining the world.
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