This is what happens everytime you have a long period of low interest rates. A speculative market skyrockets and doesn't know how to regulate it's own scale, until resource constrainsts make it necissary.
Raising wood prices signaled early that the housing crash would happen.
The answer may not be to create more power. It may be to reduce unnatural demand.
Nuclear is centralized and takes at least a decade to build.
Orbit is impossible for data centers until they can industrialize space - and that's not a good use of zero-G. Easier to build data centers in Antarctica.
Small modular thorium salt reactors would be good - like China is building.
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This is what happens everytime you have a long period of low interest rates. A speculative market skyrockets and doesn't know how to regulate it's own scale, until resource constrainsts make it necissary.
Raising wood prices signaled early that the housing crash would happen.
The answer may not be to create more power. It may be to reduce unnatural demand.
Consumer culture needs a diet.
Also, planned obsolescence.
So does government growth.
So does the FIC, MIC, and TIC.
Bloat may be the biggest enemy.
The housing crash was not caused by low interest rates per se, but by government regulators requiring lenders to give loans to bad risk lendees.
Which is why we need to bring nuclear power online ASAP, and get data centers into orbit so they can run off solar.
Both are ridiculous.
Nuclear is centralized and takes at least a decade to build.
Orbit is impossible for data centers until they can industrialize space - and that's not a good use of zero-G. Easier to build data centers in Antarctica.
Small modular thorium salt reactors would be good - like China is building.
In other words, it's a very solvable problem at every scale, and no reason to be doom-and-gloom about anything.