Henry Blodget and Rob Wile|Dec. 4, 2012,
Investor Jeremy Grantham of GMO recently published a startlingly depressing outlook for the future of humanity.Grantham thinks the number of people on Earth has finally and permanently outstripped the planet's ability to support us.
Grantham believes that the planet can only sustainably support about 1.5 billion humans, versus the 7 billion on Earth right now (heading to 10-12 billion).
Basically, Grantham thinks most of us are going to starve to death.
Why?
Read more: http://www.businessinsider.com/peak-phosphorus-and-food-production-2012-12?op=1#ixzz2E8OWLGuq
loading...
FIFA made an insane amount of money off of Brazil's $15 billion World Cup
FIFA made $2.4 billion in TV rights fees, $1.6 billion in sponsorships, and $527 million in ticket sales.
Much of FIFA's World Cup spending went to participating teams...
The UN Conference on Trade and Development (UNCTAD) revised down its 2012 forecast for global inflows of foreign direct investment (FDI) to less than $1.6 trillion. Inflows in the first half of 2012 fell by 8%...
"Prepare for War, the Death of capitalism and Bankruptcy of the US Government (not necessarily in that order)...
Marc Faber forecast a litany of unpleasant events ahead.
His key message is: buy real assets. He thinks it will take years for the global...
BEIJING (AP) -- China's central bank said Saturday that its foreign exchange reserves rose 16 percent year-on-year to $1.9537 trillion by the end of March.
China's reserves, already the world's largest, increased by $7.7 billion in the first...
-- March 5 (Bloomberg) -- Citigroup Inc. dropped below $1 in New York trading for the first time, the latest sign that stock investors are losing confidence in a company that was once the world’s biggest bank by market value.
The stock fell to 99 cents...
