thoughts
so yesterday's post was supposed to get you to think. the earth doesn't have infinite resources. and human consumption of resources doubles every 25 to 50 years. depending on which resource you're consuming. that's the funny thing about exponential growth. it gets really big really fast. so that $1 million portfolio looked like infinite bounty to grandpa. but it's gone in less than 3 generations. ouch. so the big question is where are we on the curve? how many more generations before the crash? best guess: one. in other words, we are the grandkids.