Fascinating
Fantasy
Today’s
financial markets are based on growth, specifically growth in consumer’s
consumption of goods. All of these goods
in one way or another are dependent on natural resources, some more than
others. If there is not growth in the economy (increase in amount of goods
consumed) we are considered to be in a “recession”, which is not good. So my question is
how can we constantly consume more, if the goods we are consuming are reliant
on natural resources, which are finite? At what point to we simply not be able
to keep up with the expectations of what we consider to be healthy growth in
the economy? Is that the point we are at currently? I believe that
we are currently stuck with too high of expectations of what healthy growth is. Or
rather we should change our expectations of what is healthy growth in todays
economy is. What
if we changed the goals of what healthy growth was, or the way we measure the
health of the economy? What if we changed the way we measure the health of the
economy to the amount of innovation and new technologies that were produced in
a year? Isn’t that what really matters today? We are all aware that
the oil we use as fuel to power todays transportation systems will one day run
out. Some day there will simply be no more oil to take out of the earth. So why don’t we
measure the health of the economy on the amount of new technologies produced? I
don’t know do you?
Please share your thoughts with me
and the world