Over-borrowing

If we all have been borrowing too much financial capital for consumption the last 20-30 years, this must also be true for natural capital. We have been borrowing too much natural capital (at no interest) for consumption as well.

A new balance might be found in the financial system in a couple of year's time. But the underlying recession created by over use of our natural capital will take decades to balace. If not centuries.

//jan

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