1 Dec 2021
Global Population: Boom
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
As the global population fast approaches 8 billion humans it is interesting to note that the World has been adding 1 billion people every 12 to 14 years since the 1960’s.
This however is slowing and slowing dramatically as the fertility rate collapses because woman do not want to give birth to 8 to 12 children.
Click for chart.
Even with a collapsing fertility rate the global population is still estimated to reach 10 billion humans by 2050 which then brings into question resources.
How does the World provide food and shelter for an additional 2 billion mouths?
Some tech billionaires believe that the answer is to go off planet but the real solution should start with cleaning up the existing polluting practices of humans on this planet.
Bottom line, more humans equates to more economic activity which means more opporunity for business to sell goods and services and that is good news for investors.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.
