I think it will be alot sooner.

Discussion in 'General Survival and Preparedness' started by Alpha Dog, Apr 4, 2012.

  1. Alpha Dog

    Alpha Dog survival of the breed

    I believe we will be seeing this alot sooner than 2030 the way things are looking.

    Next Great Depression? MIT researchers predict ‘global economic collapse’ by 2030

    China. (AP/Andy Wong)
    A new study from researchers at Jay W. Forrester's institute at MIT says that the world could suffer from "global economic collapse" and "precipitous population decline" if people continue to consume the world's resources at the current pace.
    Smithsonian Magazine writes that Australian physicist Graham Turner says "the world is on track for disaster" and that current evidence coincides with a famous, and in some quarters, infamous, academic report from 1972 entitled, "The Limits to Growth."
    Produced for a group called The Club of Rome, the study's researchers created a computing model to forecast different scenarios based on the current models of population growth and global resource consumption. The study also took into account different levels of agricultural productivity, birth control and environmental protection efforts. Twelve million copies of the report were produced and distributed in 37 different languages.
    Most of the computer scenarios found population and economic growth continuing at a steady rate until about 2030. But without "drastic measures for environmental protection," the scenarios predict the likelihood of a population and economic crash.
    However, the study said "unlimited economic growth" is still possible if world governments enact policies and invest in green technologies that help limit the expansion of our ecological footprint.

    The Smithsonian notes that several experts strongly objected to "The Limit of Growth's" findings, including the late Yale economist Henry Wallich, who for 12 years served as a governor of the Federal Research Board and was its chief international economics expert. At the time, Wallich said attempting to regulate economic growth would be equal to "consigning billions to permanent poverty."
    Turner says that perhaps the most startling find from the study is that the results of the computer scenarios were nearly identical to those predicted in similar computer scenarios used as the basis for "The Limits to Growth."
    "There is a very clear warning bell being rung here," Turner said. "We are not on a sustainable trajectory."

    Last edited by a moderator: Jun 12, 2015
    Ganado likes this.
  2. tacmotusn

    tacmotusn RIP 1/13/21

    I read an article about a major economic event in the next 36 months that supposedly would reduce the assets of the rich by 50%.
    My immediate thought on that was Who Freakin' Cares! The wealthy could take a 50% kick in the teeth and still smile from their guilded mansion. How will the poor and middle class handle a 50% kick in the teeth. That is what I want to know.
    Ganado and Alpha Dog like this.
  3. F. Ticious

    F. Ticious Monkey+

    My thoughts
    Ganado likes this.
  4. Alpha Dog

    Alpha Dog survival of the breed

    Agree 100% it will be the common man to suffur from this as we have always been the first to take the hit. Which one thing Im glad of when it does make it to the rich, I was born poor and know what it's like to make do and do without. They wont have that Ace in the hole and will pay dear for it.
    bountyhunter and Sapper John like this.
  5. fedorthedog

    fedorthedog Monkey+++

    Very few people in history have guessed right on when it was coming even tho we can look back and see it with clarity. I am using a tried and true method. When my short are full of brown stuff time to run.
    Ganado, UGRev and Hispeedal2 like this.
  6. Ajax

    Ajax Monkey++

    It was interesting until they started mentioning that the only way to save mankind was adopting greener policies, yawn, been there, done that, been debunked.
  7. fedorthedog

    fedorthedog Monkey+++

    Lets see what devalues the wealth of the rich and helps an overspending government. It also stop depressions, whys its our friend hyper inflation. Its only been predicted for the last five years by the realistic economists. This will be when real assets matter, gold, silver , land.
  8. -06

    -06 Monkey+++

    Doesn't take an egotistical egg head from "hawvard", Yale, or Princeton to know that things cannot go on the way they are headed without a meltdown. Whether it be economic, social, or military or a combination of them. A creek never runs so full that it does not run dry--looks like we are headed for a severe "drought". IMO, we have less than a year to prep hard.
    oldawg likes this.
  9. People writing papers like that ought to have to go into a different honkey tonk every other weekend and rub elbows with the average people.

    on the off weekends they should wash dishes in a restaurant.

    One gets more insight into the problems of the working poor / tax paying people doing that than a life time in an ivory tower.
    Tracy and Seacowboys like this.
  10. That headline is for suckers

    Right now the smart money says Obama has a better than even chance to get re elected assuming this to be the case we can expect the crash well before 2020 Major countries with the EU will fall by 2015. Greece is already in default.
  11. If I get my wish I just need till september, after that I will be as good to go as I can be.

    I don't believe it will be postponed forever, and better my time than my children or grandchildren's time.
  12. -06

    -06 Monkey+++

    Likewise THadeus. If the Lord gives us this summer I hope to be as prepped as I will ever by. That is our goal anyway.
    Thaddius Bickerton likes this.
  13. ralfy

    ralfy Monkey+

    Check the latest 2014 study on the matter. Four decades of historical data tracks forecasts made in '72.
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