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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.96-0.4%Oct 29 4:00 PM EDT

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To: TobagoJack who wrote (50467)5/26/2009 5:51:02 AM
From: Moominoid1 Recommendation  Read Replies (2) of 217448
 
Checking in for the first time in a couple of months to SI. Been busy doing academic work - new job (research contract) and looking for the next one after this year is up. Also my parents in law were visiting from China for the last 3 months and we went on a few trips including to Port Douglas, QLD (Daintree Rainforest and Great Barrier Reef)... Also read blogs now in reecent years.

Anyway, today I heard George Friedman of Stratfor speak at ANU, I guess part of his global book tour. His book was on sale. Usually, I don't read the stuff he writes passed on by you or John Mauldin as it seems very boring. It was better in person in that regard. But I can agree with what I think is your opinion that he is pretty clueless. He started out pretty well talking about the constraints that political leaders like Obama face and the lack of choice they have with some reference to Machiavelli. The stuff about Turkey or Poland as "great powers" when conditioned on "only because the US will invest in Poland like in S. Korea" was OK but speculative. But whenever he talked about my areas of expertise in economics and energy or to some degree about China he made little sense and sounded very clueless or flat out wrong. For example, he stated that space based solar is inevitable because land based solar would need so much land it would be an "ecological disaster". The latter is clearly not true and no-one I know who knows anything about energy thinks that the gains from 24/7 cloudfree solar could overcome the energy costs of launching a sattelite. At least not with any current technology for the size of the solar collector. His other stuff about capitalism requiring a rising price of land which can only occur due to population growth made no sense to me either... and so forth.
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