Recent global recessions have led to a race between competing economies. The competition gets more challenging as a bottleneck phenomenon occurs, ousting the weaker economies to make way for the stronger ones. This economic frenzy occurs as economies worldwide struggle to attain stronghold in dire attempts to revive their economies. Sadly, like everything else, economic growth comes with a price.
The price we have to pay this time; is a pretty big one. It affects our present and future. It could even affect the existence of our species. It is perhaps the biggest reality we try to avoid – global warming. A thought provoking article was released by Science Daily. It informs us that new research ascertains that one of the most obvious ways to slow down global warming is in fact to decrease the rate at which the global economy is growing – either that or possibly revamp the… Continue reading →
