The Race of Our Lives


From GMO Quarterly Newsletter by Jeremy Grantham

The Race of Our Lives

Summary

Our global economy, reckless in its use of all resources and natural systems, shows many of the indicators of potential failure that brought down so many civilizations before ours.

By sheer luck, though, ours has two features that might just save our bacon: declining fertility rates and progress in alternative energy. Our survival might well depend on doing everything we can to encourage their progress. Vested interests, though, defend the status quo effectively and the majority much prefers optimistic propaganda to uncomfortable truth and wishful thinking rather than tough action.

It is likely to be a close race.

Read the full article here >>

Thanks to one of our clients, Cliff, for sending this article along. We always welcome our clients’ ideas and insights.


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