Quote:
Originally Posted by aerohead
economists
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But they are correct in their understanding of the relationship of energy and economy where they realize that our current debt based system cannot tolerate any major reduction in access to energy that curtails the growth that is necessary to cover the long term interest payments without which the world monetary system will crash and wipe out all savings and starve a billion people.
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Unless we find a whole new way toward an equitable de-growth society.