WWF - Marxist environmental group threatens ecological "credit crunch"
"We are acting ecologically in the same way as financial institutions have been behaving economically -- seeking immediate gratification without due regard to consequences," said the Zoological Society's Jonathan Loh.
"Continued ecological deficit spending will have severe economic consequences," argued GFN head Mathis Wackernagel.
"Resource limitations and ecosystem collapses would trigger stagflation with the value of investments plummeting, while food and energy costs skyrocket," he cautioned.
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