
Just Stop Oil !? Part 3 - 10 Pathways to Post-Growth | Frankly #40
The Great Simplification with Nate Hagens
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The Four Horsemen of the Future
Since I've been alive on this planet, the United States and the global economy have increased our debt more than we've increased our GDP every single year. This is not sustainable. We are between 350 and 400% debt to GDP as a global culture. And that just to put it in individual terms is as if you made $100,000 a year. And you owe the banks 350,000. By the way, you're spending more than 100,000 and you're potentially going to get laid off or not have a raise. This is the situation with respect to resources that our global economic system is in. The issue is whether this bends or breaks."
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