Anyone who thinks the current situation will lead to anything other than mass poverty and death is an idiot.
The only thing that has prevented riots and general instability of governments is mass bailouts that are hardly sustainable for 2 months, let alone indefinitely.
Yes. This is more to the point that the current economical doctrine is very much misguided.
What I was of course talking about is how positive the situation is for the biosphere.
It's way more grim if the biosphere can not support us anymore. The fact that human political systems cause mass death, poverty and suffering is not news.
Is having the pump on in your hot tub unsustainable Just because you believe the tub can run out of water?
If everyone just gets free money from the government, nobody will actually do work to receive money from everyone else.
Money is not a closed system. It’s only useful when it’s traded for something that isn’t money.