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> in the long term things have reliably gone up Growth can't last forever in a finite world, so things will start to decline eventually. The question is when..
by yodsanklai 7y ago
> in the long term things have reliably gone up
Growth can't last forever in a finite world, so things will start to decline eventually. The question is when...
It's a bit simplistic to argue that because things have gone up until now, they'll keep going up.
The world now is in a very different shape than it was 50 years ago. There are many global indicators that give us better insight than simply stating "tomorrow will be the same as today". Things like global warming, resource depletion...
- jshaqaw 7y agoAnd yet if you actually try to invest for your life on this basis you will reach the end of your working life with very few assets to fall back on.
- iudqnolq 7y agoWho says the world is effectively finite? We've consistently invented more to want and buy, which has promoted even activity, and so on, for the last millennium at least.
- iudqnolq 7y agos/even/even more/