Archive for May, 2008
Words
Words are hard to come by lately. That is, because like the price of food and fuel worldwide, the price of words has increased 3 fold over the last 12 months. In Europe the term for the inflation of the price of a word is called ‘Palabraflation‘.
The UN has tried their best to overcome the world word shortage but has failed to provide the required relief, especially to developing nations - which are increasingly demanding more words as their populations educate themselves to a better standard each and every year.
For several centuries the developed world has provided itself an artificiality raised sense of pride in its word production levels. These levels are now dropping as compared to the production of words coming out of countries like China and India. Between them, China and India are now responsible for 20% of the world word production at present - a 35% increase on word supply share in just 5 years. If you think that’s incredible, wait, there’s more.
Development of new words in developed economies is falling quickly, just as demand for more words increases. This reduction in research and development for new words by budding word smiths will have a dramatic effect on the income levels in developed nations. We are heading towards a brave new word world, and there will be only one winner - the people who produce the most words.