maff

Japan: Demographic Time Bomb Waiting to Explode

"if we don’t take care to make sure our population is dynamic, healthy and growing sooner or later bad economic things will happen"

and if we do manage to engineer continuous population growth and ever-increasing consumption everything will end happily?

Gold Is Still the Opportunity of a Lifetime

> When I see
> scales appear in Safeway to accommodate those who wish to pay for
> groceries with gold I will believe that gold is money, until then
> I see it as a trading vehicle.

Barring a Mad Max scenario I don't think anyone is expecting to be using gold coins any time soon but I have to remind you that, under the gold standard, paper (backed by gold) proved quite as convenient as a FRN to buy your cornflakes...