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Strategies & Market Trends : THE ZERO HOUR
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To: Box-By-The-Riviera™ who wrote (10)10/27/2009 1:34:36 PM
From: benwood  Read Replies (1) of 130
 
I think that when so-called "equilibrium" comes, it will not be even-steven across the globe, nor even close to it.

Never in history has that sort of thing prevailed, and going forward, it won't either. The differences will always be related to natural resources and agricultural capacity. On the strength of those two items, the US will have a significant edge.

However, we import so much oil now that I'd guess we'd sink perhaps 50% relative to the rest of the world. We'll still be higher per capita than average, in other words. Policies in the next few years could of course obliterate even that outcome.

But other countries which have poor soil or minimal cheap energy will have a harder time coming up towards parity.

Overall, great post by Jay, and a great new board topic, Box.

Our very own "worm hole" coming to a wallet near you; hopefully we'll all come up with strategies for getting through it in one piece.
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