Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: No Mo Mo who wrote (5675)	5/5/2004 5:55:20 PM
From: RealMuLan	Read Replies (2) \| Respond to of 116555

>>The planet in no way can support 6+ billion people living as we do in the US. << That is very obvious<g>. but what about 10-15 billion (including Americans and Europeans, a couple of billion from China and India, and a couple of billions from other countries) have more or less similar per capita energy consumption? That means, the per capita consumption in the US has to go down 20%+ from here. I think it is not impossible 50 years from now. And that is what wealth transferring means, I guess. The sum won't change much, only the distribution changes. The share which are now consumed by the middle/low income Europeans and Americans will be consumed by the rich people in China and India and other nations, which in turn reduces the per capita consumption in developed countries, and increases the consumption in developing countries. The key is that the living standard for some people in developed countries will definitely decline.