RE:RE:RE:RE:RE:Some Random Musings - Investment ImplicationsDonwaan...
If only it was that simple!!
As I mentioned in an earlier post, the world population continues to grow and yet the amount of arable land for production has been steadily declining at least for the past 25 years. Sooner or later the world will not be able to supply even the basics of food for its population and so something will have to give. Up to now technology and more importantly, fertilizers have helped the productivity of farming. Ironically, these very things are linked to the argument that there is climate change so it is a bit of a Catch 22 IMO.
Your suggestion that people need to realize that they don't need more would require a reversal of millions of years of human nature (genetics) and I doubt very much that that is going to happen. This is further compounded by the fact that billions of people living today don't even have that elusive thing called "enough" and for them to get "enough" will place huge demands on the world.
Sooo..in my opinion The Club of Rome was on to something way back in 1972 - we will see a limit to growth and the result will be a significant decline in the world population. As part of that process will/are seeing massive migration of people from poor countries to rich countries (US southern border is the poster child but it is also true in Europe).
The other aspect of this is conflict and war - Ukraine is a good example. Despite Putin's rhetoric, IMHO the invasion by Russia was not about worries about the West/NATO but the fact that Ukraine is one of the breadbaskets of the world and Putin wanted/needed it.