Innovation

Yes, we are in danger, because in 20 years the whole load will result in a sharp reduction in consumption, but we do not care. We need to survive. And the U.S. has a program that was developed in Carter's first term, I think, under the second term of the president. Written by Carter, but Carter lost to Reagan. Therefore, this program was launched in 1981, when Reagan became president.

The point of this program consisted in the fact that the U.S. began to print dollars, stimulating consumer demand by them in their own country. Bearing in mind that this will be a demand for the very high-tech products, which will make America and jerk. Program was implemented, and this wave of technological progress is called information: personal computers, Internet, mobile communication, etc. This wave is not really paid off so far. And all the debts under which crumbling U.S. financial institutions today, were made precisely in 1980 – 1990 years under the development of information technology. Already launched several new waves of biotechnology, nanotechnology …

But it is clear that these Innovation waves, not only will not develop into mass production. For these waves will not even be brought up to the end of the research, because the money is gone. And then the picture is very simple. The number of consumers does not increase Twenty-five years, since 1981, the debt is increasing, and it appears that the growth of these debts are so big that it became impossible to maintain them.