“People become ‘educators’ and never teach a single student. They go on ‘disability.’ They turn whole industries – defense, health, finance – into vast wealth transfer schemes that produce little or no net benefit for the people they are supposed to serve. In short, zombies consume more than they produce; they are a net negative for society. But Hadas is right about the effects of lower birthrates. They also lower ‘growth.’ And without substantial growth, life as we have known it will come to an end. Stocks will fall, creditors (bondholders, for example) won’t be paid, and governments must cut back on their expenses… or go broke.”

http://www.billbonnersdiary.com/articles/bonner-end-of-world.html

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy