Arjay,
I am not sure greed is the only problem. I experience arrogance, ego, pseudo elitism and even stupidity blocking input of key information and understanding. Crime could also be involved with the one sided 'science' trying to justify a carbon tax and ETS to provide R&D resources and eventually revenue, fees and commissions. Government seems to be purposely not seeing the nutrient fed algae bleaching coral on the Great Barier Reef, government unjustifiably sees carbon emissions causing the damage that includes devastation of world seafood sustainability. Either way the economic 'management' of the world money system is failing when it should be thriving.

JF Aust.It is lust for power under the cloak of environmentalism.The elites are using guilt via environmentalism to instigate global communism for the masses,while they live the life of excesses as they've always done.
See 'Fall of the Republic ' by Alex Jones http://www.youtube.com/watch?v=VebOTc-7shU This will tie together the GFC,the wars and the ruse of environmentalism that's being used to bring in Bob Brown's Global Governance.( New World Order)

http://forum.onlineopinion.com.au/thread.asp?article=12615#218198

Arjay, good video, thanks, i wonder why they keep calling it GFC#2, there never were any "green shoots" GFC#1 never went away, the banksters just wasted trillions trying to fool us into thinking it did.

Keynes is just another Fabian Socialist, like all the others creating poverty, working towards the NWO.

All very sad. Those that still believe that infinite growth is possible
in a finite world are either madmen or economists.

When will they learn that growth is ending.

Bazz,
What about consolidating growth to date, for example by mitigating damage. China is even attempting population reduction.
A problem seems to be that the financial system that is fueled by growth. Achievable solutions can be challenging and interesting to find and implement.

Snake said:
We are in for a number of years with a lower standard of living Generally.

Correction; it is permanent. A bumpy downward slope.

JF Aus said:
yet the world economy has never been in such a negative mess. Why is this so?

That is because they do understand what is happening.
Remember economists are money people and they think that money makes
the world go round.
Well I have news for them, it is not money, it is energy stupid !

If someone thinks the you can have infinite growth on a finite planet
then they are either a madman or an economist !

JF Aus asks about growth.
Well I am no real expert, but I have read a number of books on the problem.
To get any GDP you have to produce something of value.
You can only do that by using energy.
Growth up till now was generated by borrowing money to buy new plant
to make the new wijets, which you then sold and paid back the loan.
However, and this is where we are now, what if the cost of the energy
went so high that it ate up all the money you could get for the wijets ?
This is where the US and Eu banks are now. Their borrowers are not
paying their loans off.
Thats a bit rough but that general idea.
Now that energy has got so expensive it is eating the GDP of
countries which is why you hear so much bleating about poor growth
from most countries, except China.
There is a theory of peak economy and peak oil.
When oil gets too expensive the economy peaks and somewhat later
oil will start its decline. We are between those two earth shaking points now.