If we can successfully wean ourselves off of fossil fuel. Then, such a move can invariably guarantee that we enter into an age of abundance.
I skate to where the puck is going to be, not where it has been.” – Wayne Gretzky
Originally published on Jan 1, 2013
James Wolfensohn, former president of The World Bank and CEO of Wolfensohn and Co., addressed Stanford Graduate School of Business students with details about his work at the World Bank during its transition years and how the equation between developed and developing countries is changing. Wolfensohn claimed that in the next 40 years, a global power shift will see today’s leading economic countries drop from having 80% of the world’s income to 35%
These are trying times. Crisis come and go, but there are a couple of on-going developments in the world that are extremely delicate in nature. At the same time, these crisis’s invariably provide a window of opportunity for instilling change. As someone once said, “A crisis is a terrible thing to waste”.
Now, much can be said about the overall state of geopolitics, the economy in general and how it’ll continue having ripple effects on everything else.
That being said, there are a couple of key areas that need our utmost attention. And these areas should not be ignored at any cost.