[dinopello]

The Center for the Advancement of the Steady State Economy

This organization has resources regarding a steady state economic model.

$this->bbcode_second_pass_quote('', 'C')ASSE is the foremost organization in advancing the precepts of the steady state economy to citizens and policy makers - an indispensable resource."

~ Herman Daly

[GHung]

Extreme human overshoot and climate change have made the idea of a steady state economy an extend-and-pretend pipe dream. Greer's assessment of other sustainability schemes in this week's essay applies; more "of the same delusion of human omnipotence that shapes so much of contemporary culture. "

Kunstler's 'long emergency' is baked in. No way around that. There will be nothing 'steady state' about it, for centuries at least.

[dinopello]

$this->bbcode_second_pass_quote('GHung', 'T')here will be nothing 'steady state' about it, for centuries at least.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('dinopello', '')$this->bbcode_second_pass_quote('GHung', 'T')here will be nothing 'steady state' about it, for centuries at least.

[GHung]

Sure OS. Since I didn't say "short term", but did say that "steady state" would be impossible, I'm sure your comment wasn't intended for me. Otherwise, you would be misrepresenting what I said. You've never been guilty of that, eh?

BTW: Your " ...it gets old when they're wrong month after month after year..." has absolutely no bearing on whether something will or won't happen. Beware.

[GregT]

$this->bbcode_second_pass_quote('dinopello', 'N')ever hurts to plan ahead, eh ?

[GregT]

Third-quarter GDP lands with thud: just 1.5% growth

"The U.S. economy cooled off in the third quarter as companies cut back production to prevent a worrisome buildup in inventories, particularly of goods destined for foreign markets."

"Gross domestic product — the value of everything a nation produces — rose at a 1.5% annual pace from July through September, the government said T hurs day. The U.S. had grown at a crisp 3.9% rate in the second quarter."

"Economists predict consumer spending will show another healthy gain in the final three months of 2015, potentially pushing GDP back toward the 2.5% range or higher."

"Still, the third-quarter dropoff almost assures the U.S. will fail to break 3% annual growth in 2015 for the 10th straight year. The last time the economy expanded that fast was in 2005."

http://www.marketwatch.com/story/third- ... 2015-10-29

[GregT]

Global GDP growth to Q3 2013

http://www.acting-man.com/blog/media/20 ... ld-GDP.png

Considering that China accounted for over 40% of global growth in GDP in 2013, and Chinese growth has stalled considerably this year, even the corns should be able to figure out where this is all heading. It isn't exactly rocket science.

[dinopello]

$this->bbcode_second_pass_quote('GregT', '[')b]Third-quarter GDP lands with thud: just 1.5% growth

[GregT]

From 5% in 2010, to 2.5% in 2014. At these rates, how long till we reach 0%? Not that it really matters, a growth rate of around 3.5% is required just to keep our ponzi schemed financial systems from imploding. We've already passed that point. Hence desperate central bank monetary policies in a feeble attempt to keep the facade in the forefront. Otherwise panic would set in and cause the collapse much sooner than later. It's all a confidence game now.

[Peak_Yeast]

How will you get a steady state economy when the natural resources are being plundered - and the stored natural capital has almost run out?

The numbers can probably be steady state with enough manipulation, but living it wont be.

[GregT]

$this->bbcode_second_pass_quote('Peak_Yeast', 'H')ow will you get a steady state economy when the natural resources are being plundered - and the stored natural capital has almost run out?