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zenboom
 
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Default Boom & bust [ was " Roofer's Contract Spec'ed #30 felt paper, but used #15 instead -- Suggestions?"]





"3D Peruna" wrote in message
...

"PipeDown" wrote in message
nk.net...


The housing boom will never slow down unless we all stop making babies.


"Stop making babies" becomes problamatic. Welfare state issues aside (ie,
fewer people being taxed to support more people), there are the issues of
being able to sustain a society. Negative growth rates screw up economies
(just look at most of Europe - if it weren't for the imigration, they'd be
in more trouble than they're in now). Also, look at China...they've had a
"one child" policy for how long?


This brings to mind an interesting commentary I read recently [ afraid no
cite on hand ] on the problem of economic dependence on growth in the
context of finite natural resources...