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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%Jan 30 4:00 PM EST
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To: dvdw© who wrote (42427)11/8/2008 6:18:17 AM
From: dybdahl6 Recommendations  Read Replies (1) of 219949
 
That's a stupid article. Ownership is not a law of nature - it is defined by the laws of a country. I can own a piece of land, but I cannot use that ownership to dig a big hole in the ground, without permission from the state. That may be possible in the country where Thomas Bowden comes from, but it's not universal.

Thomas's opinion makes sense from an economical point of view, but this is not about economic calculations. You cannot dig up ressources without removing it from future generations, so you could also ask: Is it ok to remove anything from underground, that future generations may want to use, and cannot get in other ways?

In my country, a large part of the population think that we should significantly reduce the exploitation on natural resources. Pumping less oil and gas etc. In the future, you can do many more wonderful things with oil than just burning it. Will this mean recession etc.? Yes. What is most important? Economy isn't. People were happy 100 years ago, and they didn't use many engines. Did they have long lives? No. Does it matter? Seriously, everybody is going to die, and I don't see a reason why I should 100 years instead of 60. It won't make me happier. Many share this belief.
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