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U.S. Cities; Living Proof that "Growth is Not Good:"

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Mike Folkerth
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This societal breakdown will become far more evident as unemployment and foreclosures rise and our government reaches the inability to continue the charade of deficit spending as the basis for a sustainable economy. Please remember that riots and looting ensue today from something as simple as a power outage!

 

Lastly, those vast populations living in our modern cities are totally dependent on others to provide even basic necessities such as food.

 

The majority of city dwellers are involved in non-essential employment. The renowned geophysicist, M. King Hubbert wrote, “Most employment now is merely pushing paper around. The actual work needed to keep a stable society running is a very small fraction of available manpower.”

 

I believe that the entire sector of non-essentials will continue in its present downward spiral as the stark reality of our house-of-cards economy creeps into our lives. (I would love to be wrong about that, but I don’t think so).

 

So to answer the question of why the majority of our population live in large cities; “The Biggest Lie Ever Believed” is not only the title of my book, the lie that I refer to is that same lie perpetrated on the WORLD by every political leader and corporate director in America, “growth is good.” Nothing could be further from the truth.

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 
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