All About Population in the End?
April 21, 2009
– Comments (9)
During WWII the US population was about 150ish million. Now we are over 300 million. There is no reason to doubt that our population will again double, it is only a question of when. That means more food, more homes, more goods to buy and sell, etc.. This is a given. The long term player recognizes this. The short term player just sees what tomorrow may bring. Tho the bears might win short run, bulls ALWAYS win long run. Dispute it all you want, but long term bulls simply win. The Great Depression? Horrible for those living through it, yet the gains made since then (even in light of the current bear market) are fantastic. Current market? Horrible, but in 20-30 years it will seem as a generational bargain.
And what really continues to fuel this long term growth in the end is population growth. The problem, of course, is the over taxing of our planet's resources. Most if not all of us will be long gone before a catastrophic shortage could occur. I say "could" simply because advancements in technology or evolution is impossible to predict. For all we know, one day we will be mining the Moon or Mars.
The question, in the end, is if this unchecked population growth will just doom us before such advancements can occur.