We have created a system for growth that depended on our building more and more stores to sell more and more stuff made in more and more factories in China, powered by more and more coal that would cause more and more climate change but earn China more and more dollars to buy more and more U.S. T-bills so America would have more and more money to build more and more stores and sell more and more stuff that would employ more and more Chinese ...-Tom Friedman, in yet another spot-on essay, in yesterday's NY Times.
We can’t do this anymore.
Friedman argues that the current recession (depression?) will be remembered as the "great disruption" - the moment when the United States and her global neighbors realized that the trajectory they were on was financially and environmentally unsustainable.
Personally, I think it would do today's younger generation a world of good to be knocked off their cushy, materialistic perches.
