ROCKMAN wrote:Darian - "You can temporarily increase demand for a short while by borrowing against the future, but it is unsustainable." And thus the perpetual problem of using short term trends (a year or 3) to predict long term trends (5 to 10 years). The lag times are just to difficult to factor into the dynamics.
The financial crisis was on 2008. Some of these articles are from 7 years later. 10 years later, and has debt suddenly stopped rapidly rising?
The word is by 2020s demand might start outpacing supply. And this is assuming an everything as usual scenario. We're on increasing anthropogenic climate change + potential world war scenario. A natural disaster or war could interrupt global supply. Some say some of the world's top billionaires' positions appear to show they are betting on a near term global financial crisis arising.