I estimate the probability that scarcity of natural resources leads to a fifty percent decline in real GDP per capita in many wealthy countries in the next fifty years is less than one percent.
Ok. What’s your expertise? Are you just generally well informed, or are you a business person or economist etc?
I haven’t earned a great deal of authority on these topics. I am a phd student in sociology who reads a lot of economics. As far as I can tell, economists don’t seem to think we should worry that scarcity of natural resources could lead to such major economic problems. I’d be interested to know what the market “thinks.” What investment strategy would profit in such a scenario?
Ok. What’s your expertise? Are you just generally well informed, or are you a business person or economist etc?
I haven’t earned a great deal of authority on these topics. I am a phd student in sociology who reads a lot of economics. As far as I can tell, economists don’t seem to think we should worry that scarcity of natural resources could lead to such major economic problems. I’d be interested to know what the market “thinks.” What investment strategy would profit in such a scenario?
I don’t know.