15 September 2011

Is population growth a ponzi scheme?

According to Ponzi demography, population growth — through natural increase and immigration — means more people leading to increased demands for goods and services, more material consumption, more borrowing, more on credit and of course more profits. Everything seems fantastic for a while — but like all Ponzi schemes, Ponzi demography is unsustainable. Joseph Chamie | Thursday, March 04, 2010
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