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Historical Norms.......everyone keeps quoting Historical Norms....THERE are no historical norms for the present environment. We are in the process of creating a New norm...the days of cheap anything are gone...
Apr 05 01:22 am
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All Comments by NOWHEREMAN »Interest Rates and the Mineral Bubble: The Hidden Parameter [View article]
Food, Energy, Minerals, Purified Water...all are subject to at least double the demand envisioned in ALL Historical Norm theories...and thats all they are now. Had Brazil, India, China, Russia and the entire East European bloc, Vietnam, Indonesia, the entire Mideast been in Industrialization Mode at the same time as the currently Developed Countries the Historical Norm might have validity. They weren't and it doesn't