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Consuming Our Future: Das Warns “The Model Was Always Doomed To Fail”
Sunday, March 12, 2017 21:09
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zerohedge.com / by Tyler Durden / Mar 12, 2017 8:29 PM
Only lowering our living standards will achieve sustainable growth. That’s the message from Satyajit Das, a former financier who anticipated the GFC. Debt, energy consumption, housing affordability or superannuation – it’s all based on a financial system that’s in fact a completely fictional model. This model was always doomed to fail – eventually.
Beyond growth as we know it – How can we stop consuming our future?
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Source: http://silveristhenew.com/2017/03/12/consuming-our-future-das-warns-the-model-was-always-doomed-to-fail/
