The only biological entity which needs a constant, accelerating growth is tumor cells in cancer.
Economy is not a deity which people have to worship. Economy is a means to deliver wealth and development.
I agree with 春夢無痕. Once any nation's economy becomes big and complicated it will implode in the same manner the US american economy imploded.
I believe that US, England, Europe, Japan, Saudi Arabia, UAE, and most other countries dependent on the capitalistic economic model will have their hardest time since the '30's in 2009.