Friday, May 6, 2011

Are the Days of Falling Prices and Abundant Resources Over?

link here to article

Jeremy Grantham is the CEO of GMO Capital which has $100 billion under management. He believes that we are at the beginning of paradigm in which resource scarcity combined with population growth will have profound effects on the economy and how we should live our lives. This is a long article with lots of data and graphs that he used to make his case. It contains a summary for those who do not have the time to read the entire article.

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