MIT Researchers Predict ‘Global Economic Collapse’ By 2030

Seems everyone’s getting in the doomsday-prediction business. That’s not all that unusual in Fourth Turnings; in the 1930′s, “tent revivals” were all the rage, and radio preachers gained notoriety with their apocalyptic predictions based on the moral decay of the Roaring ’20s and Prohibition.
Today, we have people using the Mayan calendar, Harold Camping’s Rapture calculations and any number of extraterrestial events to predict the end times, as well as global resource depletion and “climate shift” science. The bright minds at MIT have taken it a step further and have built a computer model to simulate when they believe it will happen. Their simulation points to no later 2030.
Whether any of these are based on fact or faith (or both) doesn’t matter. What matters is that society’s belief that something is terribly wrong and needs to be fixed will eventually create action. We all know, intuitively, that civilization is operating at unsustainable levels and cannot continue this way much longer.
Next Great Depression? MIT Researchers Predict ‘Global Economic Collapse’ By 2030
April 4, 2012
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.”
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