[radon1]

$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('radon1', '
')Who are these people, specifically?

[shortonoil]

"Unfortunately, there's a limit to goods and services that First World consumers can buy, and markets have to keep expanding to ensure that more goods and services produced are sold. That means expanding markets in other countries."

It should be realized that the Third World's ability to absorb goods and services is rather limited. Here is a good graph that puts that limitation into perspective.

http://www.zerohedge.com/news/2016-10-1 ... nning-maps

The hype about the impact of emerging markets has been a tad bit over estimated. They may have grown on a percentage basis rather rapidly recently, but when starting off from zero the percentage can be very high, while the total is still close to nothing. Resource constraints will undoubtedly have a very significant impact on their future growth rates; especially petroleum.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
This is not a response. There are no investors who don't.

Names? Occupations?

[radon1]

How does this
$this->bbcode_second_pass_quote('ralfy', '
')If there are no investors who don't,

[ralfy]

$this->bbcode_second_pass_quote('shortonoil', '
')
It should be realized that the Third World's ability to absorb goods and services is rather limited. Here is a good graph that puts that limitation into perspective.

http://www.zerohedge.com/news/2016-10-1 ... nning-maps

The hype about the impact of emerging markets has been a tad bit over estimated. They may have grown on a percentage basis rather rapidly recently, but when starting off from zero the percentage can be very high, while the total is still close to nothing. Resource constraints will undoubtedly have a very significant impact on their future growth rates; especially petroleum.

[ralfy]

$this->bbcode_second_pass_quote('radon1', 'H')ow does this
$this->bbcode_second_pass_quote('ralfy', '
')If there are no investors who don't,

[radon1]

$this->bbcode_second_pass_quote('ralfy', '
')Again, the point isn't to make "[Third Worlders] become happy consumers." It's to ensure returns on investment through economic growth, which ultimately involves businesses growing in terms of production and sales. It just so happens that more of those consumers buying what is produced are Third Worlders because their countries are the source for expanding markets.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
That's a bit of deviation, previously you talked specifically about investors ensuring third-world consumption for some clever purposes. But anyway, please do not make generalisations, name a single investor who is doing something in line of the your narrative above. If this investor is yourself, this is fine. Do you make investments "to ensure return on investments through economic growth?" Just look at how this sounds.

[radon1]

$this->bbcode_second_pass_quote('ralfy', '
')
Actually, businesses are legal entities:

https://en.wikipedia.org/wiki/Corporation

They can also operate as investors, either in their own operations or in other businesses.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
Of course they can invest, but you relate conscious actions to them, such as "looking for oil to ensure consumption". Legal entities do not take conscious actions.

[radon1]

$this->bbcode_second_pass_quote('ralfy', '
')
Corporations are run by human beings.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('shortonoil', 'C')omparing the Etp Model to economics is like comparing a cyclotron to a Ouija Board. They both missed each other by 500 hundred years.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
Exactly. And these human beings are management rather than investors, and their motivation is well-known and has nothing to do with "ensuring middle-class consumption".

[ralfy]

$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('shortonoil', 'C')omparing the Etp Model to economics is like comparing a cyclotron to a Ouija Board. They both missed each other by 500 hundred years.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('ralfy', '
')Supply and demand implies that given high oil prices consumers can find other energy sources that have the same or better energy returns, as well as features similar to oil, ranging from high energy density to production of petrochemicals. There are no such sources.

[radon1]

$this->bbcode_second_pass_quote('ralfy', '
')You forgot to add that managers are answerable to the investors of the business, and the main goal of the business is to maximize profits. Not surprisingly, the returns of the investors come from those profits.

[ralfy]

$this->bbcode_second_pass_quote('Outcast_Searcher', '
')Wrong. Supply and demand predicts how buyers will react when prices shift. No one credible ever said this magically ensured all the supplies of every form anyone wanted. No one credible ever implied this altered the laws of physics.

[ralfy]

$this->bbcode_second_pass_quote('radon1', '
')
Exactly. The investors don't care about "ensuring middle-class consumption". They care about share price and returns, and that's it.

[ROCKMAN]

"...that alternative sources (like green electricity) are slowly becoming available..." Yes indeed they have. While at the same the non-alterrnative sources have quickly and significantly have become even more available:

In the last 15 years: global oil consumption has increased 10%, global NG consumption has increased 30% and global coal consumption has increased 60%. In fact not only has global CO2 production increased 30% in the last 15 years it has been increasing at the highest rate ever recorded.

[radon1]

$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('radon1', '
')
Exactly. The investors don't care about "ensuring middle-class consumption". They care about share price and returns, and that's it.