Umair Haque / Bubblegeneration
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Wednesday, August 11, 2010

The Great Rebalancing


"...in the past decade, our rate of food waste has more than doubled.

According to a recent study, over 40% of the food produced in America is wasted each year, and only 2% of this waste is composted. Food waste is now the second largest waste stream sent to landfills, where it produces methane, a deadly greenhouse gas...

...Americans on average still spend proportionally less than any other nation on food. According to research compiled by the USDA, 6.9% of household spending in America was on food, compared to 13.7% in France and 45.7% in Indonesia."

A very nice article that highlights just how deep America's hyperconsumption problem really is - and just how far it has to go towards the necessary rebalancing with durable, productive investment, higher order returns, and deep efficiency.

The idea that this is a mere "recession" overlooks the deeper institutional rot that has allowed the economy to develop deep structural problems in every market, that misallocate every kind of capital severely. It's not a recession - it's something much more profound, and darker.

-- umair // 12:04 AM // 1 comments


Comments:

"The idea that this is a mere "recession" overlooks the deeper institutional rot that has allowed the economy to develop deep structural problems in every market, that misallocate every kind of capital severely. It's not a recession - it's something much more profound, and darker."

Scary, but sadly so true....
// Anonymous Anonymous // 6:14 PM
 
 

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