Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: BubbaFred who wrote (40627)	11/2/2003 1:50:41 AM
From: Seeker of Truth	Read Replies (1) of 74559

Some of those figures for future populations, such as 70 million for Afghanistan and 84 million for Yemen, seem to beg the question of how to feed such populations. Neither of these countries has noticeable oil resources. How would they buy food? Sell their cheap labour? The world demand for manufactured products doesn't come close to using all of Chinese and Indian labour that's available, let alone the additional labour of many other countries. Moreover, world prices of food are sure to rise significantly because modern agriculture requires big energy inputs, and the dwindling of energy resources will blot out all the other factors in importance. That doesn't even consider the question of the availability of water for agriculture. Even the oil rich countries mentioned will become far less oil rich in a couple of decades, in a world in which the oil output has already reached its maximum. The choice for poor countries is simple, will they maintain the populations close to the current level by starvation or by political measures such as in China?

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