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Our population isn't going to double in 50 years. That growth rate formula fails to take into account the age of the population. A LOT of people throughout North America, Europe, and Asia (China especially) are going to be dying in the next decade or so, thanks to low fertility rates, and the one child policy in China.
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"Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are even incapable of forming such opinions." - Albert Einstein
"Wise men talk because they have something to say; fools, because they have to say something." - Plato
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