I just have a problem with economic theory. I think we have tipped the point where we have overpopulation, depleting resources and climate change. I saw a doc on some statistician saying the world could support 11 billion because as people rose to middle class, etc etc, some stupid arguments. The oceans are depleted. (Yet people believe that there will always be fish to eat) There is huge oversupply of working class people wanting jobs where they are rapidly being replaced by machines and other efficiencies. (Yet politicians promise union manufacturing jobs, with benefits are returning) And an aging populaton requiring social supports. No one seems to be adapting an economic theory for these modern constraints. No one wants to face the constraints. Just a trade based on hope. Hope things will change. Hope that you win the lottery. Yet, every day, we continue along the same path. Year after year.
