Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By BARRACUDA (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

We’re Headed For A Disaster Of Biblical Proportions~ Grantham

% of readers think this story is Fact. Add your two cents.


 Henry Blodget|Nov. 21, 2012,

Wikimedia Commons

Last year, legendary investor Jeremy Grantham of GMO published a treatise on exploding commodity prices.

 

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

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

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

Grantham believes that the planet can only sustainably support about 1.5 billion humans, versus the 7 billion on Earth right now (heading to 10-12 billion). For all of history except the last 200 years, the human population has been controlled via the limits of the food supply. Grantham thinks that, eventually, the same force will come into play again.

The hope of the optimists, of course, is that science will find a solution to this problem, the way it has for the past 150 years.

Let’s hope so.

In the meantime, here’s a snapshot of Grantham’s argument, along with his key points at the end.
 

In the past 200 years, the world population has exploded–just as Malthus predicted. What Malthus did not foresee was the discovery of oil and other natural resources, which have (temporarily) supported this population explosion. Those resources are now getting used up…

GMO

For the past 100 years, the prices of commodities have trended downward, as technology has made them cheaper to extract and produce. Grantham thinks that trend has now permanently ended.

GMO

Looking at oil, for example… Oil traded at about $16 a barrel for 100 years. Then, as demand outstripped supply, the paradigm shifted–to ~$35 a barrel. Now, Grantham thinks, the paradigm has shifted again, to a central value of about ~$75 a barrel

GMO

Why is the paradigm shifting? Because demand is now growing far faster than supply. The world’s oil production has barely increased since the 1970s, while oil usage has exploded.

GMO


 MORE HERE



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 30 comments
    • Anonymous

      I guess we will have to wait and see. Mankind can adapt and overcome. Nature has a way of defending herself. So it’s all non-sense to try and figure out, because you can’t. If history is any indication the Earth will just swallow everything up and start again, as it has in the past. Oh, well….

      • Louis

        The earth can easily sustain ten times its present population. The population of the entire earth could easily fit inside the state of Florida and dwell fairly comfortably. The imaginary “overpopulation” crisis is being exacerbated by the inequitable distribution of natural resources by profiteers.

        Don’t listen to Grantham who thinks he’s God but in fact is a nobody wind-bag who (despite all his dopey graphs) has no idea what he’s talking about.

        • Anonymous

          This is the most bizarre thing I’ve heard all day. A sane, rational comment based on known facts. Outstanding.

        • Monticello

          You’re absolutely correct. All of this hand-wringing over overpopulation is Illuminati-fear mongering so that the mass sheeple will accept their depopulation agenda. Which they have. We actually have a birth-rate crisis, where ppl are not replenishing the population by a rate that will sustain civilization.Sure they’re telling us there are 7 Billion right now, but all they do is lie to us. By the next generation populations in industrial nations overall will be down as ppl are not reproducing anymore. Pay attention to the real trends, not the exposure of lies by the NWO. In the U.S. population is down so much that the elite are allowing the reproducers into the country at rates that should alarm their power structure, but of course they are also the most easily manipulated, so they aren’t worried.

        • yes2truth

          I’

        • yes2truth

          I’m not so sure about ALL the world’s population fitting COMFORTABLY in Florida. People used to say you could fit ALL the world’s population on the Isle of Wight, but that they would all be standing shoulder to shoulder – how bizzare is that? LOL

          As for any future disaster being of Biblical proportions, well they don’t call it The GREAT Tribulation for nothing and with turns of phrase like: “For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be.”
          Matt 24:21 (KJV)

          Before it gets better, it’s going to get a whole lot worse, but only for a short season as a woman in travail.

        • Louis

          You’re “not so sure” the world’s entire population could dwell fairly comfortably in Florida? Actually, the world’s present population could fit just in Dade County, Florida.

          There are numerous books written about the myth of “overpopulation.” Read one.

          Since the rich know they can’t travel to another planet any time soon, they want the entire earth for themselves. So they invent reasons to reduce its population. It’s called rationalization or relativism. It’s also called Gaia-worship, which runs rampant among the so-called “elite.”

          Gaia, the mythical (non-existent) “great earth goddess,” does not like too many people infringing upon her purity. Therefore she allows the “elite” to keep their number in check.

          This is what the piglet rich believe. They think their accumulated wealth renders them special, and even “divine.” But instead it renders them foolish because no one leaves this world with anything except their soul.

        • yes2truth

          Perhaps then you have genuine figures for the world’s population and it’s a lot less than the alleged 7 Bn.

          All I know is that all the world’s population could not fit comfortably in Florida. No doubt it could fit, but never comfortably. Unless you’re a city dweller and like being sardined in wth your neighbours – I for one, do not.

          Here in Britain we are grossly overcrowded and the traitors in Whitehall and Westminster continue to allow foreigners in their thousands into our small islands so that they interbreed with the indeginous Anglo-Saxon Celtic population and destroy it.

          Having said that I agree that the earth is more than capable of feeding the existing population, but it will require the white man re-colonising Africa to reinstate it farms.

          The Vatican/Rothschild cabal have also done much damage to Libya where Ghadaffi was in the process of building a huge acquifer fed irrigation system which would have turned the desert green.

        • Louis

          You are a shameless liar. There is no Vatican/Rothschild cabal and you cannot prove that one exists. Your assertion is nothing more than a product of anti-Catholic bigotry.

          In fact, the Rothschild bankers, by means of economic manipulation, are planning to foreclose on the Vatican, seize it and install a false anti-pope who will confer praise on the Antichrist.

          This event was foretold by the Virgin Mary at LaSalette, and by Blessed Elena Aiello, a stigmatized nun and prophet who was beatified by the Church in 2011. It is further alluded to by Scripture which foretells that Antichrist will briefly enjoy hegemony over the entire earth (including Italy) before being slain by St. Michael the Archangel during the Three Days of Darkness when Divinely-orchestrated plasma lightning storms will purify the world.

          Your poisonous hatred for the Holy See is unjustified and will cost you big on Judgment Day.

        • yes2truth

          The Rothschilds are the guardians of The Vatican Treasury. The Devil is not divided.

          Miriam the mother Yashua Anointed is dead in her grave and knows nothing. She will remain there until the Resurrection.

          “This event was foretold by the Virgin Mary at LaSalette, and by Blessed Elena Aiello, a stigmatized nun and prophet who was beatified by the Church in 2011.”

          This was just another lying wonder of which the Roman Cult is capable of via its demonic sorceries.

          I walk on the see (sea) as did Yashua Anointed and trample it under my feet. The beast of Revelation comes up out of the see (sea) of Commerce. Your satanic days are numbered so I would repent if I were you.

          It’s no use you invoking the archangel Michael for he is on my side not yours.

          As for any judgement: For there is no condemnation for those who are in Yashua Anointed. When one is one of the sheep there is nothing to worry about, unlike the goats and tares of Rome.

        • Louis

          All you offer is ignorant feather-weight opinions you probably read in a tract you picked up in a laundromat.

          More people enter hell for sins of the flesh than for any other reason. What many people do is pick and choose religious beliefs that accommodate their lusts. Easy divorce, for example, is really nothing more than wife-swapping. but with the trappings of matrimony.

          You can dress a sow in a dress, but it’s still a sow, even if you smear its face with cosmetics and smother it with cheap perfume.

          That’s what your posts betray — theological dispute trying in vain to camouflage something far lower in stature and flesh-oriented in nature.

          Gentlemen find a way to state their point without resorting to blasphemy. But you apparently are not a gentleman. Far from it.

        • Louis

          If, as the Bible says, there is only one Lord, then why do Brits call their senior legislators “Lord?”

          “Lord” Gilbert of Britain’s House of “Lords,” recently suggested that neutron bombs be used to quell terrorist activity on the Pakistan-Afghanistan border.

          Maybe they should strap a neutron bomb on his back and drop him with the bomb.

        • yes2truth

          I reckon things learnt in a laundromat would be more reliable than a whole structure of cards built on sand – syllogisms, premises and the traditions of men. LOL

          The Pharisees were men of religion. Popes, Cardinals and Priests are men of religion.

          Matt 15:6 (KJV) Thus have ye made the commandment of God of none effect by your tradition.

          Mark 7:8 (KJV) For laying aside the commandment of God, ye hold the tradition of men, as the washing of pots and cups: and many other such like things ye do (ritualistic religion in action).

          Mark 7:9 (KJV) And he said unto them, Full well ye reject the commandment of God, that ye may keep your own tradition.

          Religion = RE-LEGION the multifaceted demon that Yashua Anointed cast into the Gadarene Swine and reinvented himself as religion – re-Legion.

          Let me know when you want to repent of your satanic religion and I will help you.

        • yes2truth

          Yashua Anointed will be Lord of lords and King of kings so there will have to be kings and lords on this earth when He returns to rule it with justice for ALL. Whereas today there is only justice for those who administer it. The people only know injustice.

      • Mark Brander

        Listen to Bill Larkin’s east coast tsunami vision he just had in May. Tens of millions of Americans are going into the ocean when the east coast disappears under the weight of a 300 ft wall of water!

        Listen to Joe Brandt’s vision of California going into the sea! Tens of millions of Californians going into the the Pacific.

        Read about several visions of the New Madrid Fault fault dividing North America in half from the Gulf of Mexico to Hudsons Bay! Tens of millions of Americans going into the churning waters.

        http://markbrander.blog.com for the links…. Population control is coming to America!

    • Usefuleater

      GMO, founded in 1977, is a privately held global investment management firm servicing clients in the corporate, public, endowment, and foundation marketplaces. As of September 30, 2012, we managed $104 billion* in client assets using a blend of traditional judgments with innovative quantitative methods to find undervalued securities and markets.

      Find undervalued commodities and speculate on them to drive up prices and create artificial scarcities, for the profits of GMO. Funny how this “startlingly depressing outlook for the future of humanity,” is actually quite optimistic for a man in Grantham’s position. If you repeat it enough, people will eventually believe it and act accordingly. Way to yell fire in a crowded movie theatre, Grantham. How much will you earn if you fulfill your self-fulfilling prophecy?

    • Apollo is the A/C

      It’s nice to see the N.W.O. shills coming out to defend what they are about to do to us. Way to go Graham. When you are burning in Hell – I’ll be watching!

    • Joerg Klaemt

      B.S. If Mankind was to employ the Resources of Free Energy thus being able to increase agriculture and reduce Climate Changes,this world could support all of us and more.
      Greed and control of the Elite is our downfall,and we are brainwashed to believe that there are too many of us,enabling them to argue the point of depopulation,starting with euthanasia.
      God said be fruitful and multiply ,and if he thinks that we have been to fruitful, he and only he decides if his world can no longer support us.

    • Sid

      I think this article is essentially correct. It was about 400 years ago that we began using non-renewable resources. This began the industrial age, and the population skyrocketed from maybe 1/2 a billion up to today’s 7 billion. That 1/2 billion population was supported mostly by renewable resources and it took hundreds of thousands of years to even reach 1/2 billion. The jump up to 7 billion was an extraordinary event, and is supported by rapid resource exploitation.

      Unfortunately resource exploitation has a cost, and that cost is increasing because we always extract the easiest to find, shallowest, biggest, purest, most proximate supply first, and leave the more difficult stuff for later, only later is now and tomorrow. The amount of energy spent to find a barrel of oil, for example, has risen from 1% of the energy in that barrel up to about 11% now, doubling every 20 to 25 years, so the next doubling takes us up to 22%, and the next after that up to 44%; that leaves insufficient energy to fuel the economy you see today.

      As much as people want to deny what we face, nature has a way of keeping things in balance, and while human invention might defy nature for a short while, in the long run nature wins.

      My bet is that the economy is entering a long term descent. Any rate of decline will produce a halving period, the time it takes to cut the economy in half, rinse and repeat. It is the output of the economy upon which we depend for survival. In the long run, Darwin wins, and disintegration always occurs much more rapidly than integration. A 400 year economic expansion could easily unwind over less than 100 years, and not in a pretty fashion.

    • Anonymous

      HEY BIN…why are you deleting my comments?!?! This is not the first time and besides the fact that it is rather pathetic, it is getting old!!! :mad:

    • fuzzy696

      You have to realize that technology exsists that would make life easier and cheaper to live by but without the big profits it is being suppressed so think about the old guard dying and the new ones figuring a way to help the people.

    • truthseekerinmo

      New Madrid is due to change the layout again, maybe
      split the country in half. Mother Earth is getting really
      tired of the ants picking away at her and you can tell
      that by the increase in earthquakes worldwide. Maybe
      that is also why the storms are getting more violent
      and more numerous. About 50 years after humans
      are gone the Earth will have most of the evidence of
      our existence covered up. :lol:

    • Moses

      Wow…the whackos really sure came out of the wood work on this one..eh. Plain as the font on their face. Breed, and die like a filthy diseased rat, or don’t breed and live like a human…. obviously there are many breeding..LOL

      The reason why laboratories like to use mice/lemmings for testing is because they share 99% of our genes while monkeys and chimpanzees only share 96%. The reason why the so called “illuminated” ones, the ones you see at heavy metal concerts, the ones that control the media, the ones who control most governments, banks and institutions, the reason why they are attracted to beings of light is because they are following a moth’s behavior, it may even be in our genes, we could have a similar gene like the one that kills moths at night around street lights and neon signs.

      Imagine crossing a dark desert at night and seeing a light way off miles away in the distance. Hard to resist investigating. Right? Aside from the fact we may think there may be humans at the light. Same goes for beings of light, we are all constantly seeing a darkness in people all around us and in their behaviors, hard to resist not being attracted to a being of light. Right?

      Like moths, a lot people on our planet have an irresistible and insatiable urge and attraction to a brilliance that will kill them in the end. Humans, just like the lemmings and mice who we share 99% of our genes with, are “..driven by strong biological urges…….lemmings may migrate in large groups when population density becomes too great….may choose to cross a body of water…In such cases, many may drown if the body of water is so wide as to stretch their… capability to the limit”.

      Now, since humans do the same thing and have 99% of the same genes, there is a major difference that makes humans distinct aside from appearances. An individual lemming or a small group of individuals in a colony of lemmings do not hoard and over-accumulate a wealth of food to the point the rest of their lemming buddies starve. The rest of the colony of lemmings would overtake them by sheer numbers and take food by force.

      Now we all know there are a group of human individuals who feel they are smarter than our lemming buddies. These individuals and this group believe they can hoard their wealth of food, bling, cars real estate etc, it’s all the same. They feel they can guard their wealth and power by piecing off, a form of bribe, other lemmings to help guard it. The closer you are to the few wealthiest, the more wealth and power you would receive and the further away your are the less power and money you would receive. They use their accumulation of wealth as a form of power over other individuals, to do their bidding, after all they are smarter than the rest of us, they are illuminated. Essentially it is a pyramidal shaped social structure with the most powerful (in their minds anyways) at the top, they have all the power and bling, and as you work your way away from the peak the poverty increases, along with the total number of individuals, and the power decreases . That’s the way it works in principle.

      Unfortunately for them, through inbreeding, laziness, greed and corruption, they felt they were smarter than the natural order of things, a type of cheating mother nature. They were following whatever moth genes we may have, the inbreeding, laziness, greed and corruption was in the light they could not resist. It is really quite simple when you think about it. A very complex problem to analyse and evaluate but it is true. Yes, the social structure is pyramidal in shape, that is true, but the interesting thing is this, it just so happens be to be an inverted pyramid. It makes sense too, it is going against common sense.

      The full weight of the colony is above them and is crushing them, the full weight of the pyramid is bearing down on them. Not them being supported at the top. They followed their most debase, carnal, anti-social instincts Their constant short-cuts caused by greed, ignoring a natural order and their lemming instincts led them to the proverbial suicidal-lemming cliff, and a suicidal leap into the sea. It is the programming we share with lemmings, when too many have too little a fail-safe kicks in and a massive shift occurs resulting in many deaths during a massive change and transition, both a geographical and behavior transition.

      Not only did the illuminated ones create an artificially made, pyramidal shaped, social order, with the pyramidal and its full weight over-top, it is now transitioning into a freakish Frankenstein that has turned on its master as the whole colony realizes what has been actually going on. The colony has become acutely aware as a result of the pyramid crumbling around the colony, under its own weight, and as it grew ever larger and more complex it could no longer resist the natural gravity of its sheer size . Yes, humans are very much like lemmings and can act like moths following an irresistible light to their death. Lemmings and moths cannot build or design nuclear missiles, they cannot commit mass murder, they cannot build chemical and biological weapons that will wipe out their entire race.

      Our human lemming colony has passed the tipping point, we are past mass migrations, famines and disease. The illuminated are becoming sick, diseased and weak as a result and like a pack of starving dogs, with an injured bleeding one among them, the pack will turn on and devour the weak, in us we have programmed genes do this, even if individuals may resist That’s the natural order of things. I just wish it hadn’t taken as much work as it did to crunch those numbers….lol…oh well. Quality in, quality out.

      http://www.youtube.com/watch?v=lKXspt459LE

    • snsakulu

      all the article i read and i agree with you all who comment on this article.
      please check my site Cloud65.com

    • yes2truth

      I reckon things learnt in a laundromat would be more reliable than a whole structure of cards built on sand – syllogisms, premises and the traditions of men. LOL

      The Pharisees were men of religion. Popes, Cardinals and Priests are men of religion.

      Matt 15:6 (KJV) Thus have ye made the commandment of God of none effect by your tradition.

      Mark 7:8 (KJV) For laying aside the commandment of God, ye hold the tradition of men, as the washing of pots and cups: and many other such like things ye do (ritualistic religion in action).

      Mark 7:9 (KJV) And he said unto them, Full well ye reject the commandment of God, that ye may keep your own tradition.

      Religion = RE-LEGION the multifaceted demon that Yashua Anointed cast into the Gadarene Swine and reinvented himself as religion – re-Legion.

      Let me know when you want to repent of your satanic religion and I will help you.

      • Moses

        yes2truth: “Let me know when you want to repent of your satanic religion and I will help you.” and I sure it will involve nudity, sleep deprivation, young children, and lots of alms paying, in fact the majority of your satanic religious process will involve money to repent of sins, of that we are guaranteed and which you will argue here until infinity freezes over…so to that end…yaaawnnn.

        • yes2truth

          Following Yashua Anointed is not religion – period.

          The Christian Religion is religion and is nothing to do with Yashua Anointed who is The Way.

          The Christian Religion is not The Way.

      • Louis

        Quoting the Bible to attack religion is like quoting the US Constitution to start a revolution.

        Are you deranged? Or are you just pretending to be?

        • yes2truth

          The Bible is not a religious book, it is human beings that have turned the contents of The Bible into a religion i.e. a pack of lies.

    • Anonymous

      Just more godless 0PG histrionics.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.