X-Message-Number: 15280 From: "John de Rivaz" <> Subject: Living beyond our means Date: Sun, 7 Jan 2001 12:28:40 -0000 It has been suggested several times on Cryonet and elsewhere that humanity is living beyond its means. I wonder if this takes into consideration the growth of technology. Anyone who read Mark Plus' links on economics would have seen how in the oil industry technology growth has made many predictions laughable with hindsight. Although oil could run out eventually (unless some as yet unknown geological rather than biological process is making it inside the planet) technology growth will enable mass transport to be achieved by other means I am sure. If someone has means (ie capital) that is growing at a greater percentage than the funds they are withdrawing, then they are not living beyond their means, even if they are withdrawing more than the 3% that everyone thinks capital *ought* to make after taxation penalties on owning it. -- Sincerely, John de Rivaz my homepage links to Longevity Report, Fractal Report, music, Inventors' report, an autobio and various other projects: http://www.geocities.com/longevityrpt http://www.autopsychoice.com - should you be able to chose autopsy? Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=15280