Vapormedia

The Anti Bubble Has Surfaced

All a steaming load of wishful pipedreaming and non sequiturs. Inflation is real and gaining on us. Look at commodity prices. Chinese will burn coal as long as its available and environmentalists will have little to do with it either way. As long as we continue to depend on fossil fuels the world economy and the health of its people will suffer. Also, you can count on the fact that real estate prices will deflate significantly from here with no major uptrend for a good long while.

PV Industry in Oversupply in 2008

Global power demand is currently 3.5TW. If global production capacity is as high as 17.5GW within two years we are still only scratching at a fraction of the eventual total installed solar capacity. This is a certainty going forward making investing in solar a 'no-brainer' for the long term.