Nobody Wants to Hear This…

by Karl Denninger Market-Ticker.org

…. but hear it you must.

In 2011 I authored a piece entitled What You Simply MUST Understand.

It laid forth the facts on all exponential systems. Simply put they can never, in any instance, go on forever.

Never.

They must either stop or collapse.

If you refuse to stop you will get the collapse. This is not speculative and it matters not what we’re talking about either; this rock called Earth is finite, it has finite mass and finite resource. Exponential expansion of anything within a finite system on a permanent basis is impossible.