Thursday, September 9, 2010

Supply and Demand

I grew up near the Kruger National Park in South Africa. We spent many days and hours watching the animal kingdom doing what comes naturally. One phrase describes it all....survival of the fittest. Sitting in a vehicle at a waterhole watching the animals drink, it is fascinating watching the hierachy. The lions are afraid of no one. They will drink and rest next to the water and nobody will interfere with them (not even the crocodiles). The Elephants drink and bathe next to the lions and as long as nobody bothers them, all is well. The hippo's and crocs live mostly in the water and this is their domain. The rest of the animals approach the water carefully, painfully aware of the dangers that predators pose. Nature in its ruthlessnes takes care of the weak. Any animal that is weak, injured or old will fall by the way, even the lions. The scavengers take care of the rest. It becomes interesting when a shortage of  food or water changes the rules......remind you of anything?
At the turn of the 20th Century, there were about a billion people on Planet Earth. By 2011 the earth's population is expected to be close on 7 billion. Life expectancy has increased dramatically. Today 60 years old is regarded as young (I hope). As the century ages, and in spite of advances in all spheres of existence, one word comes to mind....SHORTAGES. As Asia and South America come of age, basics like food and clean water, raw materials and land will be in demand. Another essential will be in short supply...safety, both physical and financial. So the key to the economic future lies in recognising where and what the shortages will be, to invest in these shortages, while at the same time, preparing for a rainy day. So during the year 5771, we will follow the money and attempt to connect the dots.
Shana Tova
Harry

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