Grantham(2) - Can Jeremy Grantham Profit From Ecological...

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Can Jeremy Grantham Profit From Ecological Mayhem? Agriculture Malthusians . 10-year-old 2000, 600 2008 80-20 Buddha China Economics Excellence Grantham Grantham Industrial Jeremy Malthus Management Morocco. Other Rowes Sitting We When When a a a a a a a a a about about accent adjust along although always an and and and and and and and and and and and antiquities, are argued as asset authoritative away bad bad be because been best bubbles. but but but but but by calls can can can children’s climate commodities contributing conventional counting. couple cult dealing depends dice did doomsaying down dwell early early economy educating else else embodiment emphasis encounters energy environmental even everybody. expects experience. find firm first. for foretold foundation.” from goes greater growth growth, growth, handling has has he he he heads herd he’s he’s him his hydrocarbons important.’ in in in in-house intractable investor
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Can Jeremy Grantham Profit From Ecological Mayhem? _______ in a Panera in Boston’s financial district in early July with _______ Grantham, I suddenly found myself considering how I might safeguard my _______ and notional grandchildren’s future by somehow engineering the U.S. annexation of _______ Grantham, the founder and chief strategist of the asset-management firm GMO, _______ reading aloud from a rough draft of his next quarterly letter _______ investors, in which he ranks some long-term crises of resource limitation _______ a scale from “merely serious” to “dangerous.” Energy “will give _______ serious and sustained problems” over the next 50 years as we _______ the transition from hydrocarbons — oil, coal, gas — to solar, _______ nuclear and other sources, but we’ll muddle through to a solution _______ Peak Oil and related challenges. Peak Everything Else will prove more _______ for humanity. Metals, for instance, “are entropy at work . . _______ from wonderful metal ores to scattered waste,” and scarcity and higher _______ “will slowly increase forever,” but if we scrimp and recycle, we _______ make do for another century before tight constraint kicks in. _______ is more worrisome. Local water shortages will cause “persistent irritation” — _______ famines. Of the three essential macro nutrient fertilizers, nitrogen is relatively _______ and recoverable, but we’re running out of potassium and phosphorus, finite _______ resources that are “necessary for all life.” Canada has large reserves _______ potash (the source of potassium), which is good news for Americans, _______ 50 to 75 percent of the known reserves of phosphate (the _______ of phosphorus) are located in Morocco and the western Sahara. Assuming _______ 2 percent annual increase in phosphorus consumption, Grantham believes the rest _______ the world’s reserves won’t last more than 50 years, so he _______ “gamesmanship” from the phosphate-rich. And he rates soil erosion as _______ biggest threat of all. The world’s population could reach
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Grantham(2) - Can Jeremy Grantham Profit From Ecological...

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