Buddy, Can You Spare a Planet?
Buddy, can you spare a planet?
According to a recent report from The WorldWatch Institute, If China and India were to consume resources at the current U.S. per capita level, it would require two planet Earths just to sustain their two economies.
And by my own figuring, if everyone else in the world wanted to live like us big ol’ Americans, we’d need yet ANOTHER Earth. That makes four.
We don’t have any spare planets lying around, and that’s why a global struggle for resources is likely to define the 21st Century.
We should see at least another 10 years of a commodity bull market before there’s any major correction. And we may be in a commodity supercycle – the rare but oh-so-powerful kind of event that saw America turn from a sleeping giant of the 19th Century into the powerhouse of the 20th Century. India and China may be making that transition right now.
If so, look out! Commodity prices could go higher, longer and faster than most people dream possible.
That's what this blog is about -- mega-profits from the commodity supecycle
According to a recent report from The WorldWatch Institute, If China and India were to consume resources at the current U.S. per capita level, it would require two planet Earths just to sustain their two economies.
And by my own figuring, if everyone else in the world wanted to live like us big ol’ Americans, we’d need yet ANOTHER Earth. That makes four.
We don’t have any spare planets lying around, and that’s why a global struggle for resources is likely to define the 21st Century.
We should see at least another 10 years of a commodity bull market before there’s any major correction. And we may be in a commodity supercycle – the rare but oh-so-powerful kind of event that saw America turn from a sleeping giant of the 19th Century into the powerhouse of the 20th Century. India and China may be making that transition right now.
If so, look out! Commodity prices could go higher, longer and faster than most people dream possible.
That's what this blog is about -- mega-profits from the commodity supecycle
Check out my new gold and energy blog at MoneyAndMarkets.com
posted by Sean Brodrick @ 5:26 AM
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