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Now throw untenable amounts of debt, peak oil, declining demographics, etc. into the mix. It's really chaotic. On one hand you have fossil fuel depletion and u
by api 15y ago
Now throw untenable amounts of debt, peak oil, declining demographics, etc. into the mix.
It's really chaotic. On one hand you have fossil fuel depletion and upwards demand pressure on other natural resources having this massively inflationary effect on the cost of energy and raw materials. On other other hand you have the massively deflationary effect of technology: IT making tons of human jobs obsolete, rapid prototyping, robotics, manufacturing automation, cheap multifunction devices that do everything, etc.