A shortage of invisible resources will create billions of dollars and millions of losers

How ironic: running out of the invisible invention on the birthday of the inventor

February 22 is the birthday of Heinrich Hertz, the man who discovered electromagnetic waves and paved the way for the invention of every conceivable wireless device, including the wireless telegraph, the radio, television, mobile phones, laptops, iPads and even the x-ray.

February 22 is also the day when it was reported that there are now more wireless mobile devices in the USA than there are people.
http://money.cnn.com/2011/10/12/technology/cellphones_outnumber_americans/index.htm?iid=EAL

February 22 simultaneously pays homage to Mr Hertz as it reports that, due to the explosive growth of wireless devices, Americans are quite quickly running out of wireless waves. Unlike a shortage of food or fuel, where you can see what you are paying for (or see what you are NOT getting), this is the invisible shortage. Although you cannot see the shortage, it will still lead to data loss and a hefty rise in prices.
http://money.cnn.com/2012/02/21/technology/spectrum_crunch/index.htm

Sadly, Mr Hertz died at age 36, not knowing just how much his work would affect the modern world. Although the father of three daughters, none of them had children and there are no mega Hertz descendents to follow on from grandpa’s work.

Faced with a rapid shortage of any resource (food, fuel, cashflow, airspace, land, easy mortgage credit), history has shown that there will be some big losers (sometimes known as the 99%, or “consumers”) and some big winners (sometimes called the 1%, or “investors”). You have been warned, there will be a crisis (also known as an opportunity); whether to choose to do something about it now is entirely up to you.

Jeremy Britton is a speaker, author, wealth coach and business coach. He owns two wireless devices, and is often found meditating on the beach or thinking outside the box. For bookings, products or more information, see www.24hourwealthcoach.com

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About 24hourwealthcoach

Jeremy Britton is a left-brained business coach who is occasionally in his right mind. He works 24 hours a week, has written a few books on wealth, health and business and is considered a thought leader in several arenas. Find him on the beach, on Facebook or www.24hourwealthcoach.com
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