Consuming Our Future: Das Warns "The Model Was Always Doomed To Fail"
Only lowering our living standards will achieve sustainable growth. That’s the message from Satyajit Das, a former financier who anticipated the GFC. Debt, energy consumption, housing affordability or superannuation – it’s all based on a financial system that’s in fact a completely fictional model. This model was always doomed to fail – eventually.
Beyond growth as we know it – How can we stop consuming our future?
Full Interview below