I wish there was somewhere else to post this, since it's way off topic here. Neither is my brain (or that of average people) wired to understand it well. But there could be a business person or two looking in here, and this long post by a blogger could illustrate the enormous shock that might be waiting for the planet. Since SAB has neither coal nor oil to produce energy, it needs to get its energy from vegetation. Maybe its abundant water availability could go to power some old fashioned water wheels. We need to go back radically to colonial technology if we are to withstand a coming economic and energy crisis. Trying to gear up to a high end industrial economy that won't be there to supply parts and services is a fool' errand. People need to grow and sell food. locally and to tourists, and stop depending so much on imported food. This means going to a low tech roots economy...
Natural Resource prices and costs of extraction have declined simultaneously with increasing quantities of extraction for a long time. In a Hotelling sense this indicates decreasing scarcity since low cost resources normally would be used first and quantities of extraction normally would decrease ov...
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