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zero growth scenario

  • Fri, Mar 11, 2011 - 10:32pm

    #7

    Damnthematrix

    Status Diamond Member (Offline)

    Joined: Aug 09 2008

    Posts: 1132

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    zero growth scenario

[quote=sevenmmm]

One more point, Richard Hienberg is putting together a book titled: End of Growth. So think about a no growth scenario without a free flow of energy from renewables…

[/quote]

That’s all very well, but a zero growth economy cannot print money to repay debts.  So in your scenario, what happens to debts?

Mike