Julie, owing to your limited perspective, you believe, incorrectly the problem with a lack of growth is caused by defective national economies.

Consequently, you believe that the world can resolve its economic problems including declining material living standards by fixing broken national economies.

You somehow believe we can restore continuously improving material living standards for our ever-increasing population by implementing some magic and enlightened economic and political initiatives.

You are very much mistaken.

The fundamental cause underlying our predicament is not economic or political, it is ecological. Our ever increasing non-renewable resource declines matched with increasing economic and political tinkering to gain ‘growth’ are merely manifestations of our predicament; they are symptoms, not the disease.

Economic and political policies, fiscal stimulus (debt) and monetary policy (money printing) worked for a while.

They now, however, do not work and they will never work again, because scarcity has become a global phenomenon.

Absent an “intelligent response” to our predicament, our economic, social and environmental and material wellbeing will continue to deteriorate and decline.

One day, perhaps you will learn that you can solve a problem but you can’t solve a predicament.

Geoff of Perth, many thanks. You are such a perceptive intuitor and helpful contributor.

Here I was trying to “explain” to Julie, just how difficult it is to explain the socio-economic constructs with which our modern progressives surround themselves, and you leap into the breach to provide a stunning example of the very essence of the socialization of modern thinking.

Firstly it is clear that Julia is wrong, she has a “limited perspective”, she is very much mistaken and cannot provide an “intelligent response to our predicament, our economic, social and environmental and material wellbeing”.

Well pardon me. And I thought that the progressive phraseology thesaurus had been abandoned? I had no idea you were going to produce it here in the form a monumental puke!

Geoff, I was just pointing Julie to the problem that your generation has with silly things like financial prudence, risk mitigation, productivity, social stability and the issue of “laying of blame”. Remarkably I just happen to be totally in tune with your sentiments.

As I already suggested, you “blame it on lack of equity, social justice, gender, corporate greed, capitalism, peak oil/population/food production, persecution of the poorer nations”. To which you respond with laying blame on the “lack of equity, social justice, gender, corporate greed, capitalism, peak oil/population/food production, persecution of the poorer nations”.

Some might be tempted to respond with “Perfect, you don’t even understand what it is you don’t understand”. But that would be unkind to your equal opportunity employer.

Rather it might be better to actually sympathize with our politicians by saying hey! People like this from Perth actually get a vote, which should ensure a wipeout for the ALP in WA next year.

Oooo yeah and thank you Geoff!

"They have lost their reference points and have an excuse for everything and guess what, it’s never their fault. What they are completely oblivious to is the fact that in the grand scheme of things, nothing has changed since humans first started swapping flint spear tips for dried fish. The post WWII generations, recovered, rebuilt, created wealth and helped drag much of the third world out of poverty. Now we have a bunch of well educated but not intelligent whiners running things."

Well Spindoc, you forgot to mention that your 'generation' was endowed with a once-only source of cheap energy which drove all that wealth creation, rebuilding and also supposedly saved the third world from poverty.

Too much you forget that your children, their children and their future progeny will result in a world so much worse off than the one you currently experience during your 'twilight' years. I would guess you have a “populate or perish” mantra somewhere in that old grey matter eh?

As to the "To which you respond with laying blame on the “lack of equity, social justice, gender, corporate greed, capitalism, peak oil/population/food production, persecution of the poorer nations”.' err, no I don't I just point out the facts, of which you seem unable to grasp.

Thanks Geoff, you're a star.

Two comments. What it is we seek to avoid, we create. And the March of Folly, the pursuit of that which is contrary to self interest.

Thank you and keep up the good work.

P.S. When you have reached rock bottom, STOP DIGGING! He, hee!

We need a new political party not controlled by large corporate interests.Both Labor and the Coalition have sold this country out.Labor are the worst by far.

Tell us Julie,if the US Federal Reserve can create money from nothing for the USA,why cannot our Reserve Bank of Austrlia do likewise for the people of Australia? These days they just create money with the click of a computer mouse.Why do we borrow money to express our increases in productivity as debt to foreign private banks? This means that they own our increases in productivity and we become their debt slaves.

The US Fed is a private group of banks and their charter ends on the 23rd Dec 2013.This is 100 yrs since Woodrow Wilson sold his country out to a private cartel of Banks.

The Coalition can partially reverse our debt slavery by giving our RBA the power of foreign private central banks.Does the Coalition have the courage to stand up for all the people of Austrlia?

One thing we can say for certain is-- Empires have always risen and then Fallen.
I think we all get the feeling that the days of the mighty Western Empire is drawing to a close. How slow or quick that process will be is hard to calculate.

I just hope that whatever it is replaced with doesn’t plunge the human race back into the dark ages of superstition and unenlightened persecution.

I know people love to hate America and the West but in decades past it held up a shining golden idea of freedom of the people from ruling tyrants and warlords, And Religious tyrants and warlords who deserve a special mention for their contribution to the dark ages.

At least it aspired to this ideal and for a short Golden age almost seemed to achieve it. Now the dream lies in the ashes of the non-compliant capricious biology of human nature.