Tom B

The Aftershock: Where Does the Next Investment Opportunity Lie?

Good post. Education is TRYING to move in the direction you say, but it's been the football of stupid, ideologically drive programs, like No Child Left Behind.


On Oct 30 09:56 AM User 353732 wrote:

>
> I suggest that it is more than a bubble economy but a bubble culture
> or bubble social pathology. In my view, its organizing principle
> was and, for most, still is: “I am special. I am entitled to the
> undeserved instant gratification of appetites. I can take without
> merit, work or means. I transcend moral, economic and natural laws
> precisely because I am so special”. From this come all manner of
> sequential and parallel bubbles, inflating on fantastic vapors of
> vanity and greed.
>
> Of course, we know that there are laws that cannot be transcended
> or defied. If we ignore or break them, it is we not the law that
> will break. This is true for a person, a polity and a global power.
> The fake dollar and the fake US regime will, I think, both break
> but no one knows when. The dollar will be exposed for the fraud it
> is and be treated as frauds are and the Regime reformed or purged
> and maybe exiled. It may not be years away, however, so, thinking
> about the post collapse investment world is not a completely academic
> exercise.
>
> The investment thesis may be constructed by answering the omnibus
> question: “Post collapse, what will Americans do to reclaim prosperity,
> security, honor and high national purpose?” Different people will
> have different answers, naturally assuming they do not dismiss the
> notion of a dollar and regime collapse as a point of departure.<br/>
>
> One response is that “Americans will have to make real things and
> provide real services for real people all over the world and create
> real value in a big, competitive and sustained way”.
>
> These big things (and therefore investment areas or sectors) for
> Americans include:
>
> 1. Food, especially, protein. As the Global South rises above deep
> poverty, its demand for concentrated and appealing calories will
> rise faster than both population and income growth.
> 2. Energy. America has the greatest and most diversified endowment
> of energy resources in the world. America can and may well have to
> become one of the world’s major exporters of energy. If done, this
> will, literally create millions of jobs and transform both the economy
> and the structure of American trade, capital, talent and technology
> flows. Energy will be another great global growth industry and it
> offers a remarkable opportunity for American renewal
> 3. Life Sciences. As the Global South rises above subsistence and
> as the world ages, the demands for health preservation and life extension
> will soar. Goods and services based on advanced life sciences will
> increase dramatically.
> 4. Globally deployable, on scale, technologies based on bio-info-matics,
> robotics, and nano-engineering , improving and even transforming
> dozens of industries and adding value to millions of companies.<br/>5.
> National security, anti-terrorism and anti piracy goods and services.
> As America retreats it may be decades, even generations, before a
> replacement hyperpower
> emerges. The world is likely to be dangerous and fragmented. America
> can have a very large market share in providing defensive, reactive
> and preemptive goods and services.
> 6. Aerospace and space. The global demand for mobility, remote monitoring,
> analysis and intervention from a distance and rapid deployment of
> goods, people and force will also increase as the world is not only
> richer but more dangerous.
> 7. Practical education. Once again Americans will need to learn and
> keep perfecting practical skills in making real things. There will
> be a tremendous need for formal and quasi formal classroom (physical
> and virtual) as well as work based education, training and testing
> that is directly relevant. The current system of high school and
> college education is largely a failure in providing these skills
> and creating the right habits and attitudes for doing real work that
> the world values or will value. The legacy model of high school and
> college education will either collapse as the dollar and Regime collapse
> or will be greatly transformed ---or hugely replaced---- to make
> it much more responsive in terms of content, process, and cost to
> the new needs of a new America.