By John Rubino – Re-Blogged From Dollar Collapse
There are two ways of looking at the intersection of debt and population. One way says that if debt is rising population should also rise to allow future workers to pay for the retirement of today’s. More people thus make debt easier to manage.
The other point of view is that debt and population soaring simultaneously creates a negative feedback loop that eventually destroys a culture.
Today’s Latin America appears to validate the second thesis. Debt and population are both soaring, and big parts of the culture seem to be collapsing.