Source: Bloomberg
The World’s Fish: Growing Demand, Shrinking Supply
July 9, 2015 8:30pm by Barry Ritholtz
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The Fed will print more fish
HA!
it’s hardly possible, considering the smell too. But, IMHO, you’re not far from the truth. Industrial, true aquaculture requires HUGE capitals. Consider it for a moment, and you’ll discover by yourself what is fiat money and the basic rationale behind QE etc. : FED printing could be necessary in order to get … fish proteins. Strange things, out of ‘common sense’ may happen for two reasons, I deem : most commonly because there is no rationale behind them, and so are just dumb actions, but in many instances because there do is a rationale, but requires some unbiased reasoning to reach it, and unbiased, logical reasoning is not that common, I’m afraid
A great book to read is: Cod.
http://amzn.to/1KTVtID
It is fascinating.
Big Ag already has the solution. We raise fish in swimming pools and feed them (subsidized) corn instead of their natural krill and the like. We feed salmon die, consumers go for it. It’s not like there’s any nutritional difference, right?
raising fish in swimming pools is not aquaculture, are just a simple device, going nowhere, a bit far from many tens million tons. The size of the problem requires deep research, not a small chatter about subsidized or unsubsidized corn. Big problems are to be faced with big solutions, and humans have been able to work them out historically. Now is time for a new one. When one considers such things should bear in mind that Homo Sapiens has been able to go from a population of 2 B to over 7 B in less that 85 years PROVIDING FOOD for almost everybody (see UN data) and REDUCING BY HALF the number of underfed people in the process. Not with some pools & corn, I deem
When I was a child, let’s say about 1960, when we went at a restaurant in Liguria, the area nearby Genoa, we almost always had the DUSKY GROUPER, a local exquisite delicacy, in Italian Cernia. Then in the 70s it become scarcer and scarcer and then simply disappeared from menus. It was clear that overfishing had erased the grouper population. Just a few years ago, say about 2010, amateurs skuba divers got new gases in their equipement and were able to dive a hundred feet more and discovered … dusky groupers in quantity. The fish simply moved down below nets & divers (and now, btw, you cant’ any longer use harpoons, so the grouper is still out of menus). What am I saying ? Two things : first of all that our knowledge of seas is so little that it is quite possible that a lot of fish species simply learnt how to avoid our fishing methods (the more you use a device, the more the knowledge about it is spread, even in fishes, Nature is really smart) and the second is that using a logically stone-age procedure like fishing (we are at gatherers’ level, not even hunters’, with fishing) it’s really dumb. We have to move to logical farmers’ level, at least. So, stop the usual greenish lamentations, and let’s use brains. BTW the same things holds for OGMs etc … we are ‘intelligent’ beings for our ability to adapt to environment, not for having discovred the politically correct ‘thinking’
See the impact of a 2 c temperature change on sea levels – searchable by zip code.
The fishes gonna have more places to swim.
http://www.climatecentral.org/news/how-2C-warming-could-reshape.u.s.-19209
You’ll love this.
Sure, may be. What really surprises me is that US people are considering Earth like a ball frozen out of time. May be here in Europe we have a different attitude, we are used to see places that a few hundred years ago or many hundred or thousand years ago were fishing ports now a few meters, hundreds meters, kilometers away from waterline and viceversa. The shape, height, condition of lands and waters continuosly changes, but here in Italy (and in general in South Europe) we have THINGS always reminding it, in plain view. US has not that visual constant reminder, so may be you are looking at things in a different way, you do not have this perpetual reminder of the power of Nature. May be, fighting for two thousands year against the variations of sea level in the same place and with the same population ancestry adds, modifies somehow, if not your DNA at least the way you look at the environment. Here we know almost automatically that if you make wrong technical decisions the area will be destroyed, submersed, become salty etc. Venice is sitting there for more than 1500 years …
Great comments, osogrigio. Last one in particular.