Cliff Küle's Notes:

Cliff Küle's Notes Reflections on our world & its money (The Great Confidence Game)

Apr 27th 2013, 23:52 *Jeremy Grantham* We Never Want To Miss His Latest Quarterly Letter  The Race of Our Lives Rise & Fall of Civilizations Jeremy Grantham (AA) on how civilizations rise & fall .. summarizes with: "Our global economy, reckless in its use of all resources and natural systems, shows many of the indicators of potential failure that brought down so many civilizations before ours. By sheer luck, though, ours has two features that might just save our bacon: declining fertility rates and progress in alternative energy. Our survival might well depend on doing everything we can to encourage their progress. Vested interests, though, defend the status quo effectively and the majority prefers optimistic propaganda to uncomfortable truth and wishful thinking rather than tough action. It is likely to be a close race."  LINK HERE to view the letter GMO QtlyLetter 1Q2013

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