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American's; Running On Empty:

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Message Mike Folkerth

The U.S. set out years ago on the impossible scheme of ever expanding growth. The problem was (and remains so), that the world refused to cooperate and stayed the same size. Not a small problem I might add.

 

Overlooking the fact that the world was not inflatable was easy when “profit” is the headline and “sustainability” isn’t even in the text. Following this plan, you can see a really big predicament coming somewhere down the road. We have arrived.

 

All of the things that we take from the land, which is everything, stayed the same size and even after conferring with the Wizard, expanding the landmass to match our consumption, seems a daunting task. We are now beginning to run short on a few supplies such as oil, clean water, clean air, cropland, forests, iron ore, and holes large enough to dump our trash in. Nothin’ big.

 

You would think that perhaps one of the brighter bulbs would say, “Hey, why don’t we plan to use less.” But then the dimmer bulbs would say in unison, “That would be less profit you idiot,” and the bright bulb would be reduced in rank to 15 watts.

 

This brings us back to the U.S. consumption which seems to be taking a break because U.S. consumers are in troubled times and apt to remain that way.

 

So how do you see this thing playing out? Where will the millions of new jobs come from? Where will the resources come from to fuel China, India, Korea, Japan, and the other 95.2% of the people who don’t live in the U.S.? Oh, when you’re solving these problems it helps to know that Americans currently use some 25% of global fuel and 30% of world materials.

 

I have my ideas for sure, but I want to hear from you. Oh, please don’t say, “They will come up with something.” What say you?

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 
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