The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Skeeter Bug who wrote (24696)	11/24/2009 3:29:58 AM
From: GST	1 Recommendation Read Replies (1) of 71475

<what are the results of this massive wave of innovation to date?> I cannot think of any industry that is not in some stage of being transformed. Literally every type of product and their underlying technologies are being reconsidered. It would be easier to name those that are not touched by the wave of innovation that is now beginning to sweep the global economy. I have great sympathy for the giant state owned oil companies that thought they could ride the carbon based economy to eternal riches -- but it will not be so for much longer. These are today the emerging dominant players in the oil business -- along with the usual private sector suspects. They are rapidly being made obsolete -- my heart bleeds for them. But aside from these casualties, the world will be a far better, safer, more peaceful and more prosperous place without our present day dependence on oil. And oil is the tip of the iceberg for other changes that are underway. Innovation -- not oil -- is the key to future growth and prosperity.

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