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> The run ended in europe after 1970, it ended in the US after 1990 and it will end in Autralia. I wouldn't be so sure that they'll ever need to abandon their
by h0l0cube 5y ago
> The run ended in europe after 1970, it ended in the US after 1990 and it will end in Autralia.
I wouldn't be so sure that they'll ever need to abandon their crutch of geological resources. There's nothing particularly industrious or forward-looking about Australia, precisely because they can dig up dirt and sell it at a premium.
- BiteCode_dev 5y agoThe world is complex. Climate change, pollution, water shortage, demographic fluctuation, power grabbing, economical crisis, etc. So many things can happen and change the rules of the game entirely. Not to mention all what we don't know. The book anti-fragile have a very good bit on that. The point is everything moves, nothing stays the same, good and bad runs go hand in hand. But imagine if a dictator of the last century had access to Facebook social graph... You gotta be careful when it's good, to not have it too bad when it's getting bad later
- h0l0cube 5y agoYeah, I really think that having diverse and plentiful raw materials on mostly unused land is always going to be valuable. Off-earth mining is where disruption will eventually come from, but that's going to take a long while yet to become competitive with on-earth mining.