well, my good man @crypto.piotr , when we abandoned absolute rulers for particracy (which they call 'democracy' but is in fact not as the ancient greeks used to have : deimos kraton (pardon the spelling , i had 4 years of latin but no greek means literally 'for the the people to speak' ... well, more or less, lol)

In the current system you choose representatives and THEY do the actual voting, at least that's how it happens here, no civilian gets a say in who will be minister of finance and who will be education or public health, you just vote on a party and the party decides ... that's not very demo imo but well ... compared to the absolute ruler who ruled a liftetime now a legislature is what ?

four or five years ? so i think you're pretty much right : they came to think like that : in terms of five years, which, on a sociological scale is like comparable to 'a second' or 'an hour' or so to a year as social engineering goes over generations heh, not a few years.

"The economy" as is, currently and as taught on schools is actually based on a bubble principle, probably stems from the colonial days

you need -bottom input- in order to inflate (literal english for the bubble metafor) but since the colonies are now developing markets the bottom input is basically to a standstill and in comes paper money. The value is derived from nothing, its not backed by anything. You can't create resources simply because you print money, you just print money and the HUUUUGE problem there (one of them) is megacorp sitting on a pool of trillions and trillions with which they do nothing but
to make money with money - hyper-inflation lol

something #steemit whill HAVE to address at one time or another as they are not a trillion dollar market ...

yes, i think you're right, it's a patch on a festering wound, which usually ends with gangrene if you don't clean it first

it's not a solution, but most of those vampires in charge will be gone by the time it really hits,
growing population + dwindling resources < 0 thats basic prepschool math lol

but they know how to phrase it, right, like any good salesperson would :)

personally i think global population control (as opposed to the inclination to birth more children so the future generation can pay for the past generations pension) is (part of) the solution, as increased population will not increase resources and automation wont stop so increased population won't increase jobs paying taxes either. Those are already facts, RIGHT NOW, i dont know who comes up with the numbers and i guess in theoretical math several minuses can even each other out but in social and economy they simply add up to triple or quadruple mines

minuses (es ... lol) like a multiplier

more debt to pay the past debt so the spending can continue ... so who has all the money if every country is in debt ?

well, the Morganites ofcourse (where would i have gotten the name lol ... if i only had the money to go with it )

you're right (in short, lol but you know im not very good at 'short')