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According to a group of researchers from the Jay W. Forrester's institute at the Massachusetts Institute of Technology (MIT), a computer simulation concluded that the world could suffer a "global economic collapse" coupled by a "precipitous population decline" at current rates of resource consumption.
According to the group's web site, the research project "took into account the relations between various global developments and produced computer simulations for alternative scenarios."
"Part of the modeling were different amounts of possibly available resources, different levels of agricultural productivity, birth control or environmental protection," it said.
The recent MIT research builds upon an earlier body of work from the same esteemed institution, dated 1972, that some in the scientific community regard infamous. According to a report in the Smithsonian Magazine, a team led by researcher Dennis Meadows used computer modeling for the first time in an attempt to answer "a centuries-old question: When will the population outgrow the planet and the natural resources it has to offer?"
Most of the computer models found steady population and economic growth rates until about 2030. Then, the researchers found, conditions begin to decline, and without "drastic measures for environmental protection," scenarios began predicting higher likelihoods of population and economic crashes.
Originally posted by Danbones
MIT romneybama said what?
if the bankers keep running the show it will only be financial collapse for the peons