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Were Headed For A Disaster Of Biblical Proportions. Most of Us Are Going To Starve To Death – Legendary Investor Jeremy Grantham

Friday, November 23, 2012 11:49
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(Before It's News)

InvestmentWatch

InvestmentWatch

 

We’re quickly heading towards the point of no return.

from Jeremy Grantham:

The phenomenon of ever-more humans using a finite supply of natural resources cannot continue forever, Grantham says–and the prices of metals, hydrocarbons (oil), and food are now beginning to reflect that.

Grantham believes that the planet can only sustainably support about 1.5 billion humans, versus the 7 billion on Earth right now (heading to 10-12 billion). For all of history except the last 200 years, the human population has been controlled via the limits of the food supply. Grantham thinks that, eventually, the same force will come into play again.

Summary of the Summary

The world is using up its natural resources at an alarming rate, and this has caused a permanent shift in their value. We all need to adjust our behavior to this new environment. It would help if we did it quickly.

Summary

? Until about 1800, our species had no safety margin and lived, like other animals, up to the limit of the food supply, ebbing and flowing in population.

? From about 1800 on the use of hydrocarbons allowed for an explosion in energy use, in food supply, and, through the creation of surpluses, a dramatic increase in wealth and scientific progress.

? Since 1800, the population has surged from 800 million to 7 billion, on its way to an estimated 8 billion, at minimum.

? The rise in population, the ten-fold increase in wealth in developed countries, and the current explosive growth in developing countries have eaten rapidly into our finite resources of hydrocarbons and metals, fertilizer, available land, and water.

? Now, despite a massive increase in fertilizer use, the growth in crop yields per acre has declined from 3.5% in the 1960s to 1.2% today. There is little productive new land to bring on and, as people get richer, they eat more grain-intensive meat. Because the population continues to grow at over 1%, there is little safety margin.

? The problems of compounding growth in the face of finite resources are not easily understood by optimistic, short-term-oriented, and relatively innumerate humans (especially the political variety).

? The fact is that no compound growth is sustainable. If we maintain our desperate focus on growth, we will run out of everything and crash. We must substitute qualitative growth for quantitative growth.

? But Mrs. Market is helping, and right now she is sending us the Mother of all price signals. The prices of all important commodities except oil declined for 100 years until 2002, by an average of 70%. From 2002 until now, this entire decline was erased by a bigger price surge than occurred during World War II.

? Statistically, most commodities are now so far away from their former downward trend that it makes it very probable that the old trend has changed – that there is in fact a Paradigm Shift – perhaps the most important economic event since the Industrial Revolution.

? Climate change is associated with weather instability, but the last year was exceptionally bad. Near term it will surely get less bad.

? Excellent long-term investment opportunities in resources and resource efficiency are compromised by the high chance of an improvement in weather next year and by the possibility that China may stumble.

? From now on, price pressure and shortages of resources will be a permanent feature of our lives. This will increasingly slow down the growth rate of the developed and developing world and put a severe burden on poor countries.

? We all need to develop serious resource plans, particularly energy policies. There is little time to waste.

Read more at http://investmentwatchblog.com/legendary-investor-jeremy-grantham-were-headed-for-a-disaster-of-biblical-proportions-most-of-us-are-going-to-starve-to-death/#ZmsiLzrzkfsiqHyo.99

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Total 17 comments
  • NOT TRUE AT ALL…The entire population of the world nearly 7.5 billion can live peacefully for ever in the state of Texas, Google it…

    This is just elite propaganda to accept poverty, misery and death AS A WAY OF LIFE…Now, when your neighbor dies of poverty and hunger…you would think…ohh, so the earth cannot sustain people, so they must die….”Its the natures way of doing it”

    How about exposing the 1% elite cabal that control 90% of world resources, which results in artificial shortage?

  • Natural disasters over the next four years will take out 90% or more of humans. Earth will end up with about 500,000 million as a stable population. As the article pointed out, our world is accelerating toward a brick wall. Wait until there is no electricity to run the cooling water pumps at the nuclear reactors all over the world. Every plant will be a Fukushima or worse. TPTB are insane, greedy, power crazed, self destructive monsters and they have called the shots for hundreds of years. We will hit a wall and all but wipe out the species but Earth will start over and TPTB won’t be reincarnating back here. Our systems are a disgrace and our world, not Earth, is a write off.

  • Germy Grantham…never had much use for him or his lame predictions. Been proven wrong time and again.

  • This was originally posted by Barracuda…my comments was deleted from the post and when I re-posted asking why my post were being deleted this article is re-posted with a new author with of course my new post deleted. BIN you guys are a bunch of censoring shills! :eek:

    • your comments here now. were you a bahm thrower, or did you have something worthwhile to add?

      • No I did not throw any “Bahms” or bombs, my post was very relevant to this article and worthwhile…comments where BIN is called out for censoring are often left up it appears in order to discredit the person posting…because as you said, “your comment is here now” so, “they must not be censoring”…BOLOGNA! BIN has censored every single post I have made regardless of how innocent they are (because they all are) and then leave up this one calling them out so that they look innocent!

        Now, my original post concerning this article, was…”I call BS there are approximately 7 Billion people on the planet, do the math! You can take every man woman and child in the world, give them 1/4 acre of land in Australia to build a home and garden and still have an area the size of Queensland and the entire rest of the planet empty!! Since we have the rest of the planet empty we can afford to give a little more than 1/4 acre…with respect to the food issue I call BS again, look at this man who grows 1 million pounds of food on only 3 acres of land with 10 thousand fish and 5 yards of compost>>>http://www.youtube.com/watch?v=jV9CCxdkOng

        Why are you so fearful of my comments BIN???

      • Oh yeah, the last thing I said was the world is not overpopulated, just badly managed by a bunch of Luciferian morons…is that the part you didn’t like BIN…Barracuda, or John, whatever you call yourself…makes one wonder how many real “reporters” there are here vs different names of the same people…

  • Headline grabbing ” Biblical Proportions”
    “Believes that the planet can only sustainably support about 1.5 billion”
    Seems like pub (drinking influenced) talk to me.

  • It appears John Rolls and Barracuda may be the same person.

    • Nail on the head…You just don’t know how freaking FUNNY your statement really is !!!!!!!!!!!!!!

      • Please explain… :grin:

      • What is your e-mail address and I will gladly communicate that with you. I’m not comfortable discussing that here. Certain somebody’s are watchin’. Just know that your statement is sooo freaking FUNNY!!!!!!

  • So if we joined you privately by emailing you our return address, which is connected to this blog as a source point, why would we make our data so easy to collect…even if you had no knowledge of it. Probably those data bases are being assembled right now, dividing people into types, matching their e-mail to their gps locators, which have a source coordinate right where last year’s census taker left it on your doorstep for the satellite to beam your profile info as they check out your house in a disaster. I know. They’ll get the info anyway, I know. And they’ll get that you know whatever funny secret you know, but won’t tell us. So TELL already. Lol

  • Gerald Celente is another baloney guy.

    He said obama would win from last year. Then when he saw Romney surge the past few months he changed his mind and said Romney would win.

    I wrote a comment on his blog and told him you will have egg on your face. YOU FAKE!

    No one is saying anything about this all over that Gerald Celente got it WRONG! They are all quiet about it.

  • MORE NAZI PROPAGANDA FOR NAZI NATO TO CONTROL US ! :arrow: :twisted:

  • Eugenics propaganda filth , if you actually believe this you need to have your head examined , pure bunkum rubbish!!

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