Jeremy Grantham – “Time to Wake Up”

The full title is, GMO Quarterly Letter, April 2011, Time to Wake Up: Days of Abundant Resources and Falling Prices Are Over Forever.

Summary of the Summary
The world is using up its natural resources at an alarming rate, and this has caused a permanent shift in their value. We all need to adjust our behavior to this new environment. It would help if we did it quickly.

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