Investors Needn't Fear The March Of TimeChristopher Farrell
Remember Limits to Growth, the 1970s jeremiad by Donella and Dennis Meadows? Their computer model predicted catastrophic shortages of oil, food, and other commodities if economic and population growth remained unchecked. Now, oil prices are lower than they were in 1974, adjusted for inflation, and commodities are plentiful and cheap worldwide.
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