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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

 

Dutch-Turk Row Deepens; Geert Wilders Says 'Turks Aren't Welcomed' in the Netherlands

Geert Wilders is the favorite to win the elections in the Netherlands in about 3 days and may one day become their new leader -- running on a blatant anti-Islam platform -- pushing forth the narrative that Islam is anti-human rights, anti-democratic, and invokes violence amongst ardent followers of the faith.

2016 Debt Binge Produces (Surprise!) 2017 Inflation; Guess What That Means For 2018?

2016 Debt Binge Produces (Surprise!) 2017 Inflation; Guess What That Means For 2018?

Authored by John Rubino via DollarCollapse.com,

Just as everyone was finally accepting the idea of deflation and negative interest rates, inflation decides to pay a return visit. In the past week, articles with the following headlines appeared in major publications around the world:

Swiss inflation rises at highest monthly rate in 5 years

China February producer inflation fastest in nearly nine years

Turkey Vows "Harsh Retaliation" After Dutch PM Says "Not Apologizing, Are You Nuts"

Turkey Vows "Harsh Retaliation" After Dutch PM Says "Not Apologizing, Are You Nuts"

The diplomatic scandal between Turkey and the Netherlands deteriorated overnight, when Prime Minister Binali Yildirim warned on Sunday that Turkey would retaliate in the "harshest ways" after Turkish ministers were barred from speaking in Rotterdam, leading to a major protest in front of the Turkish consulate in Rotterdam, while the Dutch embassy in Istanbul was closed off due to "safety concerns."

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