It's a problem everywhere, humans are wasteful, only that each location has more or less than others. In Australia we have plenty of everything, more than we need, in Finland where my brother @tarazkp lives as well for instsnce -vastly different economies - but in Venezuela, Cuba and so many other countries there's much less. It's interesting to see how each group of people deal with it and I feel those in first world countries like my own have some hard lessons coming down the track.
Time will tell how this all shakes out but I don't believe humans can continue in such wasteful ways, but in their hubris most probably don't give what will come in the future much thought - they just keep consuming, overusing resources, destroying the environment and other such self-destructive things.