I feel sure that one of Australia's biggest problems is economists !
They are stuck in the business as usual mode and are unable to comprehend
that the world has changed.
Ludwig I believe is very right in his assertions.
There is another factor that affects population.
We cannot have a population greater than can be fed & watered in a major drought !

As we saw a few years ago we have close to that level now.
Does any economist know where we will get the water and food for double the population ?

Whats that I hear ? The Market will find it !

Just like it has found more crude oil ?
Yes they will squeeze the sponge and get a little more, but like with oil it will not solve the problem.

While economists have the ear of politicians we will get nowhere.
You can count on the fingers of one hand the number of economists
that really understand what is going on.
You would think that with the jammed up economies in Europe and the
US's monumental debt clanging like a cow bell around its neck that
somewhere economists would start thinking about where the old rules went.

geof..when will..you realize..un limited 'growth'
simply..isnt sustainable....[recall china is monetary easing 4 fold usa]..

A paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the money supply is almost irresistible. In such a system with a constantly increasing money supply and, as a consequence, constantly increasing prices, it does not make much sense to save in cash to purchase assets later. A better strategy, given this senario, is to go into debt to purchase assets and pay back the debts later with a devalued currency.

THAT MEANS HYPER INFLATION..
which means screwing more personal debt upon the unborn
http://www.infowars.com/how-the-paper-money-experiment-will-end/

"That this House considers that the continued issue of all the means of exchange - be they coin, bank-notes or credit, largely passed on by cheques - by private firms as an interest-bearing debt against the public should cease forthwith; that the Sovereign power and duty of issuing money in all forms should be returned to the Crown, then to be put into circulation free of all debt and interest obligations..." -- Captain Henry Kerby MP, in an Early Day Motion tabled in 1964.

then ask..them should bankers..or govt run the money system
[when..t6hat dont wake them..up

i would ask them..re EASY credit
yet exorbitant credit card intrest rates
[ie..usa debt..is/now so huge..there cant EVER..be issued enough..of it to even repay..the intrest..let alone the principle

[lest we forget..ALL money..is only *created..
by SOMEONE..going into..debt..i would ask/them..how much.more personal debt..can you afford..to minimum payment..on..[and who will pay..it..after your dead.

i would remind/them..their children..will/NEED to repay..their debts
plus their education/costs..[hex/debt]on-top of parental debt..and at what stage..do they see their kids being born..into a pre birth debt

can..one owe..anything..for what..one didnt gain/the benefit of?
is it right..the dead suck..the life blood[credit]..from..the unborn?

http://www.infowars.com/stefan-molyneux-discusses-our-current-place-in-human-history/

lest..we forget..the thousands of ;edward..snowdens
using the spying info..to insider trade..ya dont..think..any of the watchers..are insider trading..onthe info?
http://www.activistpost.com/2013/12/bankers-arrested-civil-war-averted.html

this/posted..at wrong thread
http://forum.onlineopinion.com.au/thread.asp?article=15820&page=0

some people..take things as signs
like recall the ice-man[grand inquisitor].?
http://www.sacred-texts.com/eso/wsl/wsl11.htm
then but a few signs

[thus be carefull..for what you pray for
http://forum.onlineopinion.com.au/thread.asp?discussion=6040&page=0#178185

'Iceland model: How to deal with bankers
should be standard for whole world'
http://xrepublic.tv/node/6566

Iceland Jails Former Bank Bosses
http://sorendreier.com/iceland-jails-former-bank-bosses/

http://investmentwatchblog.com/snowburst-5-to-6-feet-of-snow-in-upstate-new-york/

they say..a picture=1001..words

In Turkey, goats (still alive) coated with ICE!
http://www.youtube.com/watch?v=6OW9jlnCjM8&feature=youtu.be
http://www.youtube.com/watch?v=6OW9jlnCjM8&feature=player_embedded

http://whatreallyhappened.com/IMAGES/gorecicle.jpg
http://whatreallyhappened.com/IMAGES/snow1.jpg

It's all over Israel and Palestine.
http://whatreallyhappened.com/IMAGES/apartheidwallinsnow.jpg
http://desertpeace.wordpress.com/2013/12/15/images-of-the-day-im-dreaming-of-a-white-apartheid/
http://desertpeace.wordpress.com/2013/12/15/in-photos-braving-the-cold-and-snow-to-protest-blood-diamonds-and-occupation/

http://www.visibleorigami.com/2013/12/love-and-fear-and-heart-of-populace.html
http://www.lewrockwell.com/2013/12/andrew-p-napolitano/a-conspiracy-so-vast%E2%80%A8/

http://www.activistpost.com/2013/12/bankers-arrested-civil-war-averted.html

http://undergrounddocumentaries.com/the-bill-clinton-murders-bill-clinton-exposed/

http://xrepublic.tv/node/6578
http://alethonews.wordpress.com/2013/12/14/football-game-or-tear-gas-and-bullets-palestinians-put-racist-ad-to-test/

http://investmentwatchblog.com/volckers-market-making-mayhem-and-the-feds-money-for-nothing/

http://govtslaves.info/blogger-jailed-refusing-erase-stories-wrote-exposing-powerful-political-family/

http://21stcenturywire.com/2013/12/14/sandy-hook-one-year-later-there-are-more-questions-than-answers/

http://www.dailymail.co.uk/news/article-2524003/The-great-Christmas-rip-Shoppers-end-paying-50-toys-retailers-increase-prices.html

d.i.y
http://whatreallyhappened.com/node

UOG, you are wasting your time addressing an economist.
They think it all depends on money.
That is why they urge the printing of it to increase growth.
They just do not comprehend that growth needs more easy to get energy.
It is just that simple !