Quantum Shift in Economic Baseline: A 'Black Hole' Recovery [View article]
To User 353732- Good summary of major trends. I would add two points- 1. The diminished ability of the US to fund its military and diminished appetite for the citizenry to tolerate being the worlds policeman. Taiwan, South Korea, and Isreal are countries who would be well-advised to adopt policies that would lead to a decreased dependence on the US for their security. 2. The lack of a robust energy policy over the last 30 yrs will leave us vulnerable to rapid escalation in the price of fuel, and thus food and most other things. The resultant increased costd will be a huge drag on the economy. Local producers of energy will be big winners (oil sands, shale gas, solar, nuc developers).
Quantum Shift in Economic Baseline: A 'Black Hole' Recovery [View article]
Good summary of major trends. I would add two points-
1. The diminished ability of the US to fund its military and diminished appetite for the citizenry to tolerate being the worlds policeman. Taiwan, South Korea, and Isreal are countries who would be well-advised to adopt policies that would lead to a decreased dependence on the US for their security.
2. The lack of a robust energy policy over the last 30 yrs will leave us vulnerable to rapid escalation in the price of fuel, and thus food and most other things. The resultant increased costd will be a huge drag on the economy. Local producers of energy will be big winners (oil sands, shale gas, solar, nuc developers).
Van Eck's Hard Assets Producers ETF: A Better Alternative to Commodity ETFs? [View article]