The Mudcat Café TM
Thread #148840   Message #3461048
Posted By: Bill D
03-Jan-13 - 06:55 PM
Thread Name: BS: Fiscal Cliff
Subject: RE: BS: Fiscal Cliff
"There are limits to growth, and few people are seeing that."

But everyone hopes we won't exceed the limit while THEY are in the market...

Too many businesses and budgets are built on the concept of growth. McDonald's can't comprehend NOT opening new outlets every year.
Entire countries need to expand roads, water plants, electric grids... etc. to accommodate rising populations... and if the population were to stabilize or drop, the burden on the young to support the old for a generation would be scary! Yet.... the earth won't support 63 trillion people. Math says it all WILL be adjusted... but few are willing to face the details when the 'adjustment' is beyond our control...not a pretty picture.