JEREMY GRANTHAM: We’re Headed For A Disaster Of Biblical Proportions

Jeremy Grantham

Legendary investor Jeremy Grantham (above) of Grantham Mayo Van Otterloo (GMO), a Boston-based asset management firm, has published a treatise on the root cause of exploding commodity prices.

He has also offered a startlingly depressing outlook for the future of humanity.

Grantham concludes that the world has undergone a permanent “paradigm shift” in which the number of people on planet Earth has finally and permanently outstripped the planet’s ability to support us.

Specifically, Grantham says, the phenomenon of ever-more humans using a finite supply of natural resources cannot continue forever–and the prices of metals, hydrocarbons (oil), and food are now beginning to reflect that.

To read more, click
http://www.businessinsider.com/jeremy-grantham-commodity-prices-2011-6?utm_source=inpost&utm_medium=seealso&utm_term=&utm_content=2&utm_campaign=recirc#ixzz1mGObsOzy

Comment:
This is the most provocative article I have read this year. As a GP student, do not get lost in a sea of facts and prescribed readings. It is always crucial that you are genuinely interested to know and understand what is happening in the world we live in. Ask lots of questions about anything and everything. Curiosity may have killed the cat, but it has prospered many a GP student. As the teacher can only answer a limited number of questions, go and find the answers for yourself and then think about them. With the Internet, there are no excuses to be ignorant.

Articles like Grantham’s will certainly get you thinking. He predicts a dire future for the human race and provides highly compelling evidence to back up his claims. Do you think the future is so bleak for the human race? We are the most intelligent species on this earth, but sometimes also the most foolish. Will we be able to overcome the formidable challenges that loom on the horizon? If so, how?

I welcome your comments and will respond to them as much as I can.

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About gptuitionsg

A dedicated English and GP tutor with First Class Honours from NUS, Steven Ooi retired from the profession after a 14-year career during which he was one of the most sought-after private tutors in Singapore. He is the recipient of the Minerva Prize from NUS, which is awarded to the top English Language honours student. This website, which has consistently ranked among the top 10 on Google for GP tutors and has received over 380,000 hits, has now been converted into a GP blog cum listing of recommended tutors. If you are a GP or English tutor who wishes to be listed here, please email Steven Ooi at stevenooi18 @ yahoo.com (pls remove the spaces). Interested parties will be vetted and interviewed personally by webmaster Steven Ooi, and qualifications will be checked to uphold quality standards. DISCLAIMER: While every reasonable effort has been made to assess the competence and verify the qualifications of recommended tutors here, no guarantees are made and you engage them at your own risk. By using this website, you agree that you will not hold the webmaster Steven Ooi responsible for any consequences — direct or otherwise — that occur in relation with your use of this website.
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