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I've posted this on several threads, but wanted to bring this to the forefront, as things are starting to really get scary out there. High energy prices and energy trade deficits are hurting our economy, leading to mortage defaults and bankruptcy in mortgage lending institutions. The resultant tightening of capital is hurting our economy's ability to grow, leading to stagnant wages and increased unemployment.
In the face of that, let us count our blessings that the underpinnings of a stronger economy are already in place and growing:
- renewable energy plants and equipment factories have already been built in the US - solar, wind, bio-fuels, etc.
- auto industry has shifted its development efforts towards alternative fueled vehicles
- cfl’s are on the market, as well as other energy saving devices
- water replenishment systems are in place or under construction in southern CA and elsewhere
- universities have adapted their curriculums to meet the needs of these new industries
In the face of that, let us count our blessings that the underpinnings of a stronger economy are already in place and growing:
- renewable energy plants and equipment factories have already been built in the US - solar, wind, bio-fuels, etc.
- auto industry has shifted its development efforts towards alternative fueled vehicles
- cfl’s are on the market, as well as other energy saving devices
- water replenishment systems are in place or under construction in southern CA and elsewhere
- universities have adapted their curriculums to meet the needs of these new industries