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Next Great Depression? MIT researchers predict ‘global economic collapse’ by 2030

'A new study from researchers at Jay W. Forrester's institute at MIT 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." '


Read the full story at:

http://news.yahoo.com/blogs/sideshow/next-great-depression-mit-researchers-predict-global-economic-190352944.html

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Date: 2012-04-05 04:04 am (UTC)
calimac: (Default)
From: [personal profile] calimac
I see that the data are twelve years out of date. I would be interested to know if the slight deviations the observed trends are showing from the predicted trends have increased or not, because if they continued on the same course they could be quite significant deviations by now, some of them negative, some positive.

And actually, considering the effect that the current trends in global warming are likely to have, the post-collapse situation predicted in this graph looks quite rosy by comparison.

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