Thursday, April 12, 2012

Next Great Depression? MIT study predicting ‘global economic collapse’ by 2030 still on track

A renowned Australian research scientist says a study from researchers at MIT claiming the world could suffer from a "global economic collapse" and "precipitous population decline" if people continue to consume the world's resources at the current pace is still on track, nearly 40 years after it was first produced.

The Smithsonian Magazine writes that Australian physicist Graham Turner says "the world is on track for disaster" and that current research from Turner coincides with a famous, and in some quarters, infamous, academic report from 1972 entitled, "The Limits to Growth." Turner's research is not affiliated with MIT or The Club for Rome.

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. Read more........

3 comments:

  1. Gerald Celente says the collapse will happen this year. But with the markets being manipulated by TPTB, it's hard to know when things will finally fall apart.

    Also, Celente says we should be saving cash for when the banks collapse. But if you're like me, I have no extra money; I can barely pay the bills now. I'm banking on barter and an underground economy.

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  2. collapse as in one day..or like a ball bouncing down stairs..

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  3. "agenda 21" look it up

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