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RE: Where will growth come from?


RE: Where will growth come from?
by Mike the Usurper at 6:17 pm EDT, Jun 16, 2009

Decius wrote:
In the early 90's recession I'll bet everyone on MemeStreams could have predicted a telecom boom. Three and more years ago MemeStreams was predicting a housing crash. If there was an opportunity for growth, you'd think someone here would be tuned into it. I'm not. With gas prices back to normal I don't see the boom in green technologies and urbanization that many people imagine. Political will doesn't create economic opportunity. It comes from pent up demand. The only thing I think we have pent up demand for right now is retirement savings.

Your comment assumes gas prices stay where they are. They are not now (going up over 20% in the last six months) nor will they in the future be, where they are currently. The global economic crunch has slowed things down, but thinking where we are now is where we will be in two years is folly. I'm looking at suburban green tech (solar water heating, hybrid/electric cars, new version solar panels, LED light bulbs, etc.) not because it is cheap, they're generally pretty pricey, but because the long term costs are cheap.

RE: Where will growth come from?

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