the only question is how abrupt or tender the transition will be... but there is no doom scenario I can foresee... I think even a great depression is almost impossible, given the money that can be invested in energy and new car productions....
but it can be a bumpy road ,lasting even a decade in the worst case cenario...a dt he capitalsim at the end of te road will be very different...
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude
Oh.. well this is soemthing Krugman already says.. and I guess eh gets fees... I just ened a noble prize.. I will keep on working on it..