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A Lance asked in Social ScienceEconomics · 9 years ago

What do you think of the studies that indicate global depression by 2030?

Are you familiar with the equations? I have been interested in this type of work for decades, but didn't know that there were extensive equations for making such predictions. It seems to me that at least 1/2 of the world is suffering a great depression from lack of resources now and that the rest of us are sliding into economic depression rather rapidly. Have any of you looked at the studies and found them to be about accurate in your opinion? Do you think we will reach economic depression for 80% of the planet before 2030? Barring global pandemic, it seems to me to be a protracted time line from what I would expect. I don't think we will make it to 2020. What do you think?

http://news.yahoo.com/blogs/sideshow/next-great-de...

http://www.clubofrome.org/

Update:

Ozzyzzyz: Of course they had to make assumptions in order to make predictions, but do you think there is something wrong with the assumptions they relied upon? If so, what and why?

3 Answers

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  • Ingrid
    Lv 7
    9 years ago
    Favorite Answer

    I am not familiar with details regarding this matter.

    We have all of the tools to prevent such problems.

    Capitalism however may do what it always does, wait until there are dire needs and then take action.

    Changes take place only when the Rich think that whatever will take place will have a negative effect on their Lives. They never look out for the well being of the majority.

    Look at all of the proposals being made by the Republicans at this time. Look out for a selected few and to

    Hxxx with the rest of the Folks.

  • ?
    Lv 5
    9 years ago

    BY 2030 gives them wiggle room.

    I agree that it will probably be sooner.

  • 9 years ago

    I think those studies are highly presumptuous.

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