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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Gib Bogle who wrote (62595)	4/23/2005 7:02:55 PM
From: shades	Read Replies (1) \| Respond to of 74559

It was a one time grandslam - not gonna hit anymore more homers like that one again. But remember - Feynman said we still have one great major advancement in the tree of science - NANOTECH - that has the potential to bring lots of new technology for growing populations of people. "explosion of human population" prb.org In 2000, the world had 6.1 billion human inhabitants. This number could rise to more than 9 billion in the next 50 years. For the last 50 years, world population multiplied more rapidly than ever before, and more rapidly than it will ever grow in the future. Exponential Growth As long ago as 1789, Thomas Malthus studied the nature of population growth in Europe. He claimed that population was increasing faster than food production, and he feared eventual global starvation. Of course he could not foresee how modern technology would expand food production, but his observations about how populations increase were important. Population grows geometrically (1, 2, 4, 8 …), rather than arithmetically (1, 2, 3, 4 …), which is why the numbers can increase so quickly. The 2000 growth rate of 1.4 percent, when applied to the world's 6.1 billion population, yields an annual increase of about 85 million people. Because of the large and increasing population size, the number of people added to the global population will remain high for several decades, even as growth rates continue to decline. Between 2000 and 2030, nearly 100 percent of this annual growth will occur in the less developed countries in Africa, Asia, and Latin America, whose population growth rates are much higher than those in more developed countries. Growth rates of 1.9 percent and higher mean that populations would double in about 36 years, if these rates continue. Demographers do not believe they will. Projections of growth rates are lower than 1.9 percent because birth rates are declining and are expected to continue to do so. The populations in the less developed regions will most likely continue to command a larger proportion of the world total. While Asia's share of world population may continue to hover around 55 percent through the next century, Europe's portion has declined sharply and could drop even more during the 21st century. Africa and Latin America each would gain part of Europe's portion. By 2100, Africa is expected to capture the greatest share (see chart, "World population distribution by region, 1800–2050", above). The more developed countries in Europe and North America, as well as Japan, Australia, and New Zealand, are growing by less than 1 percent annually. Population growth rates are negative in many European countries, including Russia (-0.6%), Estonia (-0.5%), Hungary (-0.4%), and Ukraine (-0.4%). If the growth rates in these countries continue to fall below zero, population size would slowly decline. As the chart "World population growth, 1750–2150" shows, population increase in more developed countries is already low and is expected to stabilize.