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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: skinowski who wrote (88410)11/4/2007 9:28:49 AM
From: Perspective  Read Replies (3) of 110194
 
I agree with the "relative" decline idea, except inasmuch as bringing so much incremental demand online pushes a finite supply of global resources to the limit. Up until recently, energy, air, water, and raw materials have been treated as limitless, priced only based upon how hard it is to get them from where they are to where they need to be. Some day, we will bump up against the finite limit of resources provided on our beautiful planet, just like so many bacteria in a petri dish eventually overwhelm the ability of the dish to provide nutrition and absorb waste.

Fortunately, we're endowed with intelligence that bacteria lack; hopefully we actually use it.

`BC
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