MIT researchers predict ‘global economic collapse’ by 2030. Thoughts on this?
http://rt.com/usa/news/global-collapse-mit-predict-376/
Thoughts on the article? Would you put it at 20 years? Flaws with the conclusion/confirmations of the conclusion?
Article is short and I'm trying to learn so I'd love as much detail about it as anyone would care to give so I can try to expand my knowledge.
Thanks :)
MIT researchers predict ‘global economic collapse’ by 2030
MIT researchers predict ‘global economic collapse’ by 2030
Quote:
A new study from researchers at MIT and produced for an international think tank, says that the world could suffer from "global economic collapse" and "precipitous population decline" if people continue to consume the world's resources at the current pace.
Smithsonian Magazine writes that Australian physicist Graham Turner says "the world is on track for disaster" and that current evidence coincides with a famous, and in some quarters, infamous, academic report from 1972 entitled, "The Limits to Growth."
Produced for a group called The Club of Rome, the study's researchers created a computing model to forecast different scenarios based on the current models of population growth and global resource consumption. The study also took into account different levels of agricultural productivity, birth control and environmental protection efforts. Twelve million copies of the report were produced and distributed in 37 different languages.
http://news.yahoo.com/blogs/sideshow...190352944.html
I highly doubtful we'll make it till 2030 without a major collapse. I see it more likely happening in the next 5-7 years.