Yes you can become a millionaire (Wall Street)

Yes you can become a millionaire (Wall Street)


There’s an even bigger reason for abandoning the financial world for farming. “We don’t need more bankers. What we need are more farmers,” says Rogers. “The invisible hand will do its magic.”
In short, farming’s not just another great way to get rich. There’s a higher calling in it, a mix of money, enjoying life, fulfilling your destiny, and a dose of altruism: “The world has a serious food problem,” says Rogers in Steve Gandel’s exciting Time article. And “the only real way to solve it is to draw more people back to agriculture.”

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Just how badly does the world need more farmers? Jeremy Grantham’s firm manages $100 billion, warns of an “inevitable mismatch between finite resources and exponential population growth,” plus a “bubble-like explosion of prices for raw materials,” plus commodity shortages that will become a huge “threat to the long-term viability of our species when we reach a population level of 10 billion,” making “it impossible to feed the 10 billion people.” See 5 money moves on commodities bear is making now. Impossible? Yes, the planet’s “carrying capacity” cannot feed the 10 billion people UN demographers predict on the planet as we add three billion more by 2050. So that’s a constraint on the world’s future. Grantham concluded, “as the population continues to grow, we will be stressed by recurrent shortages of hydrocarbons, metals, water, and, especially, fertilizer. Our global agriculture, though, will clearly bear the greatest stresses.”

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