Grantham: Resource Shortages Are Looming — Deal with Them Now

GMO’s Jeremy Grantham continues to warn about global resource shortages, saying in his new quarterly client letter that soil erosion and limited supplies of potash and phosphates “are the real long-term problems we face”. Grantham says we have the means and brain power to live sustainably. “The problem is with us and our focus on short-term growth and profits, which is likely to cause suffering on a vast scale,” he writes. “With foresight and thoughtful… Read More