Friday, January 27, 2012


A lot of stuff in the last few days has pointed back towards the main (public) issue that has concerned me for the last 40 years or so.

We have 7,000,000,000 people on a world that isn't getting any bigger, degrading the resources that support us at a rate that pretty much guarantees increasing trouble, starting about now and just getting worse for the next 50 years.

Is that clear enough?

Anyhow, the specific items:

The Club of Rome decided not to do a 40 year update to Limits to Growth because it's too late to do anything to stop it.

The NYT says mackerel stocks - yes, that overly fast, not so tasty fish, are down 90% in 10 years.

A pinhead who pretends to have read Limits to Growth published a Yergenite pile of rubbish & got his hat handed to him. Oil is stuck at $100 as a century of increasing driving has crunched to a halt. The rich countries of the world are preaching utter economic rubbish - expansionary austerity. Do they really believe this nonsense? How could they? It fails basic arithmetic to think that you can increase employment through mass firings. So what's up?

If we did have growth, with oil supply flat since 2005, there is nothing to fuel it. We'd simply have another oil price spike & another recession.

(Overshoot is the condition where we're living off land, water, fertilizer & other basic resources at a level far above their replacement, and headed for a crash)

Make of this what you will. If you have some investible assets, put them into something real. If you only have $100: It's Friday night. Get out & have some fun, leave the internet to tired old cranks.

No comments: