baird

WSJ: Kansas Furthers Already Atrocious Market Myths

Yes and the 6-9billion unit gorilla no one will talk about is global population. While it's true that population trends in the developed countries are flat to down most of the world is undeveloped where birth rates are high and death rates are down. The argument that after the planet is all "developed" population will stabilize is specious at best, by that time we're all cooked.


On Mar 24 08:25 AM chistletoe wrote:

> The key to Wall Street's sales pitch is
> the very basic assumption that over the long haul, growth is inevitable.
>
>
> Now that the planet has reached or exceeded the maximum human population
> which it can support, and food and water supplies are threatened,
>
> now that oil and other forms of energy have reached and passed<br/>their
> peak production,
> this is a highly suspicious assumption.
>
> for generations to come,
> one can reasonably predict economic retraction.
> Where, then, should one invest?
>
> Not stock. Not bonds.