Jim if you are bored have a think over this.
We see headlines of oil reserves usage up by 8% per year, sounds nothing to worry about.
However the doubling effect means that in just 8yr 8months the drop has doubled.
In other words in 8 and a bit years we will have used more oil than in all the preceeding years of oil use.
If you apply the above to immigration and birth rates what would 1% growth mean.
In one lifetime, 70yrs, the population will double, at 3% it would only take, 23yrs 4months, and you think the roads are busy now lol.
Have a fun wet day Jim
The exponetail function is well worth a read Jim. If the general public understood this very simple sum, headlines would have new meaning.
We see headlines of oil reserves usage up by 8% per year, sounds nothing to worry about.
However the doubling effect means that in just 8yr 8months the drop has doubled.
In other words in 8 and a bit years we will have used more oil than in all the preceeding years of oil use.
If you apply the above to immigration and birth rates what would 1% growth mean.
In one lifetime, 70yrs, the population will double, at 3% it would only take, 23yrs 4months, and you think the roads are busy now lol.
Have a fun wet day Jim
The exponetail function is well worth a read Jim. If the general public understood this very simple sum, headlines would have new meaning.
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