Dennis Meadows, member of The Club of Rome and co-author of Limits to Growth, discusses the 30 year update with Jim Puplava of Financial Sense.
"In 1972, we presented the set of scenarios about the global future that were produced by our computer model. These showed sort of the gross features of global society out to the year 2100. On the basis of that we said that if policies weren’t drastically changed, the global community would overshoot its limits sometime in the early part of the twenty-first century, and that the most probable result would be collapse. Now thirty years later, we look back, we’ve redone the analysis and find that what we said in ’72 was essentially correct, except of course now we’ve lost thirty years."