Prosper

Meanwhile, the majority of the world’s agricultural soils have been so horribly degraded by industrial farming practices -stripped of both micro and macro nutrients - that many of the world’s farmlands now need a continuous supply of chemical fertilizers just so plants can still grow. Rich soil has been turned into worthless dirt.

At some point relatively soon, probably before 2025, global oil supplies will peak, which means the most important driver of the global economy over the past 120 years will fade away. Energy is the economy. And oil is the most important source of energy. As it disappears, so will much of the world’s prosperity

current global population of 7.4 billion will to expand to 9 or even 10 billion by 2050, requiring vast additional amounts of food, fresh water, and mineral resources. Remember the number “10.” For every 1-calorie of food you eat, there are 10 calories of fossil fuels invisibly subsidizing it. We are literally eating fossil fuels, which are due to peak at some point in the not-too-distant future.
A responsible civilization would be focused on that fact with laser precision, and have in place an alternative plan for feeding itself in the future.

There’s more debt in the world than ever before and yet the economic growth required to service it has been missing for a dozen years

In 2002, Rich Dad’s Prophecy was published. Prophecy predicted that the biggest stock market crash in history was coming within the next 20 years. Prophecy also predicted an initial major market correction would arrive prior to the final giant crash. That initial correction arrived in October 2007, when the Dow headed south and the subprime crisis took Lehman Brothers and others down.

People investing for the long term in the stock market are like savers—the next big losers.

So who made the most money after China devalued their currency and global stock markets crashed? I’ll give you a hint: it was not the mom-and-pop long-term investors.

Financial advisors recommend people “invest for the long term.” Yet after 2007, HFT, high frequency trading, began dominating the market. While Mom and Pop are “investing for the long term,” HFT traders are trading in milliseconds and microseconds.