13 Agriculture Myths Busted: This Bubble Is Ready to Pop [View article]
GTC, Check the demographics, the present birth-rate is less than 2 worldwide. By 2050 the population will decline absolutely and will spiral downward at a geometric rate. Is there anything on the horizon that will cause birthrates to increase? I doubt it. Russia has already tried a "stimulus" program to encourage population growth. Whether it works remains to be seen. People like Jim Rogers are as old as the average farmer in Nebraska, and they have a short-term view because of their age.
On Jul 13 03:17 AM GTC wrote:
> Kalpa, These comments are fine if you take a three month view of > the world, which is probably what you and your followers do as investors, > which is fine when looking at the latest tech fad. Sadly, food supply > and security is something you have to take a 100 year view of. Like > death and taxes, another sure thing is that populations will rise > - they may not all want iPods...but they will all need to eat. I > am sure you can figure out what that will do to land prices and food > prices in the long run...
13 Agriculture Myths Busted: This Bubble Is Ready to Pop [View article]
On Jul 13 03:17 AM GTC wrote:
> Kalpa, These comments are fine if you take a three month view of
> the world, which is probably what you and your followers do as investors,
> which is fine when looking at the latest tech fad. Sadly, food supply
> and security is something you have to take a 100 year view of. Like
> death and taxes, another sure thing is that populations will rise
> - they may not all want iPods...but they will all need to eat. I
> am sure you can figure out what that will do to land prices and food
> prices in the long run...