Why a New Model is Needed:
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Rising U.S. debt and asset prices combined with a decline in economic output may lead to an economic depression.
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A depression combined with the widening chasm between the right and left is fertile ground for severe unrest and possibly war.
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Climate change and increasing natural resource scarcity will almost certainly increase volatility.
Improved understanding of the fundamental relationship between resource scarcity, the opportunity to pursue happiness, and short- and long-term growth is critical to narrowing the political chasm and finding a solution.
Earned Money
Labor
Natural Resources
Product
Savings
Increased Debt
Debt Payments
Expenditures
Capital
Infrastructure
Goods and Services