Could the Dow Sink Another 50% by 2012? [View article]
So until there is a 'cleantech revolution' (see eg. the Merryll report), no long term appreciation of most asset classes can be expected. Of course this also creates enormous opportunities for new wealth creation.
Could the Dow Sink Another 50% by 2012? [View article]
Good points. At the end of THIS tech cycle, the weakest fundament of the DOW is a primary energy source (upon which all others are based) who's EROI -energetic return on investment- has become negative, if you define it smartly. We remember the "America is addicted to oil" phrase. Time is energy and the clock is running backwards. 50% off could very well be, if current trends continue.
Could the Dow Sink Another 50% by 2012? [View article]
Of course this also creates enormous opportunities for new wealth creation.
Could the Dow Sink Another 50% by 2012? [View article]
At the end of THIS tech cycle, the weakest fundament of the DOW is a primary energy source (upon which all others are based) who's EROI -energetic return on investment- has become negative, if you define it smartly.
We remember the "America is addicted to oil" phrase.
Time is energy and the clock is running backwards.
50% off could very well be, if current trends continue.