There are trillions in bank deposits and financial markets worldwide. Hopefully that money has not been converted into goods yet. But what will happen when it will? Would earth at that time be rich enough in natural resources so that all this money converts into goods? No doubt that if the above happens the earth’s resources will be exhausted.
If our economies continue to grow in wealth, we will soon face extinction, or in order to prolong our lives a little bit, we will be transformed into robots and live in an empty and immaterial world.
Hopefully we still have the possibility to stop the current trend and go slowly back to agricultural, local and poor economies. It will not be easy of course to stop overproduction, richness and overconsumption, nor to control overpopulation, but we must. I also suggest for many years now to to use green economic indices, like the one of Time Gain which is future time created by saving natural resources for future economic activity.
Resources translate into time and time is what we need in order to find the right solutions to our problems. It will be magic maybe, or technology, or sustainable agriculture, or even God Himself that will agree to save us all and transform the emptying and wounded earth into a beautiful and healthy planet again. But it is possible that a solution will only come if we all accept to be poor and reasonable. In other words, if we accept to be poor and religious people.