perceptions_now
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Australian Politics
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Perth WA
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Economics & Life - Past, Present & Future
IN THE PAST, PARTICULARLY OVER THE LAST 200 YEARS OR SO, mostly during the Modern Economic Era, WE have seen a largely unique Era, IN ECONOMICS & LIFE IN GENERAL (for most). During the Modern Economic Era (Largely during the Industrial Revolution), particularly from around 1780 to around 1980, our Global Economics has been mainly influenced by the following - 1) Global Demographic Changes – We saw the Global Population explode! It took all of Human History, until around 1800AD, to get to 1 Billion People. Then, we went from around 1.0 Billion in 1800, to around 6 Billion in 2000, in about 200 years. 2) Energy (Supply & Pricing) - This is one of 3 great enablers, to the modern Demographic surge, particularly between 1945 to 2005. 3) Climate - We have Basically had a goldilocks climate, since the end of the last ICE AGE, But particularly for the last 200 years, which has greatly assisted Humanity in accommodating our Global Population Explosion, primarily by way of providing sufficient Food & Fresh Water. 4) Technology - Human Technology exploded and that has provided an enormous boost in Productivity, again assisting the Population explosion in a myriad of ways. OUR ECONOMIC WELFARE, OVER THE 200 YEARS BETWEEN 1800 TO 2000, WAS LARGELY UNDERWRITTTEN. This was done nearly automatically & Largely in the background, as most of those in charge have set out to do!
AT PRESENT (PARTICULARLY OVER THE LAST 20-30 YEARS OR SO, CHANGE HAS STARTED), there have been far too many local, National & Global Politicians & Others (including those in Business & Unions), who are more into their own Personal, Short Term Interests, instead of Concentrating on the Best, Long Term Interests of the Whole Population -
1) Global Demographic Changes – We saw the Global Human Population undergo massive change brought about, arising from the BABY BOOMER GENERATION, which is NOW PEAKING. 2) Energy (Supply & Pricing) – Supply has started to buckle, as Population grew & Pricing has started to increase. 3) Climate – The Goldilocks climate has also Buckled, as the Global Population continued to expand. 4) Technology - Human Technology continued to explode and that has provided an enormous boost in Productivity, again assisting the Population explosion in a myriad of ways. For quite some time during the Modern Economic Era, the following Major Economic influences, pretty much ensured Economic Growth – 1) Population Growth 2) Energy Supply/Pricing 3) A Goldilocks Global Climate However, the above 3 Major Economic/Political influencers/Stabilisers have actually ceased or are in the process of ceasing or changing & this has & is, adversely affected Debt Levels & many other issues.
NOW & INTO THE FUTURE? 1) Global Demographic Changes – The Global Human Population, is now peaking, as the Baby Boomer Generation is Peaking. 2) Energy (Supply & Pricing) – Supply has started to buckle & Pricing started to increase, as the Global Climate HAS CHANGED & the Global Population has started to Peak. 3) Climate – The Goldilocks climate has Continued to Buckle, as the Global Population continued to expand. NOW SOME of the Effects are NOW STARTING TO BECOME MORE APPARENT, INCLUDING DROUGHTS, FLOODS & other “so called” NATURAL CATASTROPHES. 4) Technology – THE BIG QUESTION IS, will Human Technology again come to our rescue???
The LIKELIHOOD is, that Global problems are heading our way! The Baby Boomer Bust & Peak Oil, are immediate concerns. Baby Boomer economic benefits, have now Peaked, their earning & spending peak has passed. However, Pension & Medical costs, will rise dramatically. Oil, has also Peaked, largely due to increased Population/Growth. These issues will, increasingly slow consumer demand, increase costs & act as a drag on the global economy. Beyond Boomer retirement and Oil (Peaking), are the very basis of modern life, which will undergo a massive transformation, the magnitude of the quake, will be a 10.
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