What are your toughts on 'Carrying Capacity' of the planet ? Any cause & effect (re population growth) for increasing prices in commodities over say next 10 years or can we continue increasing production to cater for these 7 - 10 Billion people and keep staple food prices / water/ energy / etc / at low levels ??

Have also attached a youtube video which shows population growth over last 2000 years + extrapolated a few years into future.
My link
I'm asking your ideas as there's been a lot of speculation on this forum (and other sites) on decline of 'Western' powers (and standards of living) to benefit of BRIC developing nations of Brazil, Russia, China, and India.
Does this mean a certain decline of 'European' (and American Anglo Saxon) culture and values over say next 50 years ?
However, if you look at above graph you see a correlation between population growth and Industrial Innovation / Energy Use. Thus, if we can't provide enough low cost "resources", can we expect Global Population to maintain levels of 7 Billion+ over next century or do you expect reduced population to level seen in 1800's ??
i.e. will an Increasing Global Population cause prices of items & commodities to keep inflating to infinity (and Governments keep inflating money supply) OR will a deflation set in as consumers can't afford products leading to a decline in population due to lower living standards ??
My main question is, can we maintain our UK / European living standards even though Global Population is increasing ?
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