« Deflation And Inflation — Damned Either Way | Main | New Economic Thinking? »

04/13/2010

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

eman

Dave,

I wonder if you have ever read "Why Stock Markets Crash" by Didier Sornette. (More on Sornette here: http://www.er.ethz.ch/people/sornette )

Mr. Sornette is a Physicist and expert on complexity who has developed models for predicting crashes in markets with some notable successes.

The last chapter of his aforementioned book, "2050: The End of the Growth Era", discusses this issue of the end of our growth based system.

I often wonder if the confluence of such things as peak oil, bad politics, massive debt, and fierce competition for just about any resource will lead to this eventual ending coming earlier than Mr. Sornette thinks.

:-)

eman

Oh, and if you have not seen this yet:

http://www.nakedcapitalism.com/2010/04/the-origins-of-the-next-crisis.html

Great post by Edward Harrison over on Naked Capitalism on soon to start next iteration of the Doomsday cycle!

The comments to this entry are closed.