As you know, when I was here in April/May 1992, I thought things could get no worse. Yet in July this year, the Food and Agriculture Organization of the United Nations note in a Report: '..with deep regret', all the: 'pre-famine indicators being in place'. Further that an appreciable proportion of the population now had less calorific intake than the most famine stricken parts of Africa.
Global warming seems mysterious to most of
us. A 1 degree rise in annual global temperature
sounds minuscule, doesn't it....... until you
remember that the oceans are involved ........
... very heavily involved.
The oceans are simply unfathomably immense!
Their mass is actually incomprehensible, being
70% of the earth's surface (310 million cubic miles).
If you could stack water 100 cubic miles long and
100 cubic miles wide, that column would reach
31,000 miles into outer space. That is truly an
astronomical amount of water!
The goobal imbalance today seems more dangerous for all other countries than for the US. A fundamental reform of the international monetary system is overdue. The US dollar is no longer the stable anchor of the world monetary system.