boundaries of earth are incompatible that thing doesn't get to go forever and that's it is kind of obvious but I I really don't know if if more than a quarter percent I mean 25 percent of the population see that maybe intuitively or in their gut they do but that sentence you just said should be understood by a first grader yes

and it is I think it's a fair thing to say let's get let's get everybody to understand that and start to wrestle with it so let's say it again so originally the financial system we can go back to shells mediating barter the idea of having a currency that did was not the value itself but was an accepted mediation for things that have value for goods and services it was it's supposed to be that money equals access to an ability to exchange goods and services what we're ultimately interested in is goods and services but of course as soon as you start getting banking and you start getting the concept of interest because if I loan you some money I stop having access to be creative with it and if I was creative and I was growing stuff I'd be growing it during that time so when you pay me back you pay me back with some interest they represents the growth that I would have had I kept it which all seems reasonable now we get a situation where the financial system has its own physics right there is a compounding interest of you're gonna make whatever percent return you get and then if you leave it in there the next year you're gonna make compounding return on that much again compounding return curves give you exponential growth rate so the whole global financial system has an embedded growth obligation that is exponential meaning there has to be exponentially more total currency in the system every year than previous and then to not debase the value of the currency that means there has to be exponentially more goods and services that it's related to otherwise you debase the value of the currency and the financial system collapses so now the physics of the financial system rather than the financial system being indexed to the real goods and services now the real goods and services are indexed to the financial system where the embedded growth obligation just to keep up with interest let alone the many other aspects of the financial system that create embedded growth obligation mean that there is a demand for exponential extraction and exponential energy moving through the materials economy turning into waste and pollution you cannot run exponentially more of a finite planet through a linear materials economy that has limits on both the front and backside of that linear materials economy forever so you hit limits of growth or planetary

boundaries