The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (4133)	12/16/2019 11:15:54 AM
From: robert b furman	2 Recommendations Recommended By elmatador SirWalterRalegh Read Replies (1) of 13796

Hi El, Most encouraging development. The poor countries want to charge the developed countries, based on "unassailable science" which surely is a false statement. Germany took the nestea plunge and now has ushered in the worlds most expensive electricity. Getting out of these boondoggles is a high priority for all developed countries. I trust it will be the developed countries that create the innovation of the future that truly create more efficiency in power creation. In between, the much touted "elimination of fossil fuels" is a fools claim. When this market does take a decline - those companies that enjoyed rebates and government subsidies will find the subsidies disappear. When the subsidies disappear, the bubble status of these over hyped sectors will present huge profits for those who short the unsupported claims. In 2000 the internet was destined to be ubiquitous. All brick and mortar would go broke. Wireless internet would be everywhere. The rest is history, A huge and protracted decline was necessary to weed out the losers. Yes our world embraced the internet and the survivors have surely grown. The big lesson is down turns do happen. In a world where all of the ammo has been spent - the next downturn, when it happens, will be long and slower. That will be when fossil fuels have a revitalized appreciation. Buy fossil fuel energy stocks on dips! Like Warren Buffet said "When the tide goes out, you'll see who is swimming with no clothes on". Most of the nude one's will be those who survived with subsidies - subsidies that will disappear in a downtrend. Bob

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