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Wednesday, May 15, 2024

Future Shock – The Unsustainable Often Ends Abruptly

Courtesy of Adam Taggart via Peak Prosperity

Here at the penultimate chapter of The Crash Course, everything we've learned comes together into a single narrow range of time we'll call the twenty-teens. 

What this chapter offers is a comprehensive view of how all of our problems are actually interrelated and need to be viewed as such, or solutions will continue to elude us.

Each of the many key trends and threats mentioned earlier in The Crash Course will take many years, if not several decades, to address. And yet, we find them all parked directly in front of us without any serious national discussion or planning. 

With every passing day we squander precious time while the problems grow larger and more costly, if not thoroughly intractable.  Buying time, as the central bankers and politicians the world-over have opted to do, is not a strategy.  Simply hoping for better times has a much different probability for success than having a well thought-out plan. The mark of a mature adult is someone who can manage complexity and plan ahead.  The same description applies to an entire society.  Here at Peak Prosperity, our opinion is that with precious few exceptions, the current political and corporate leadership of this country are not adequately managing the complexity of the situation. And they are not planning ahead. 

Simply put: We've lived well beyond our economic, energetic and ecological budgets. It's time to change that.

It is time, to return to living within our means.  We need to set priorities, set budgets, and stick to both.

 

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