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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: James Hutton who wrote (240961)3/15/2010 2:46:37 PM
From: GSTRead Replies (1) of 306849
 
<I'm not aware of any country that has devalued its way to prosperity>

Well said. If you look at our trade deficit, thee are things we could control for that are glaring. Oil stands out as a prime example. Energy innovation stands head and shoulders above currency valuations as an economic issue for us -- and is an area rich with opportunity for making money and filling a huge hole in our global trade while creating huge employment opportunities.

But we also have a political system and paid-off ideological media rife with corruption fed by companies that stand to lose endless billions of dollars if energy innovation succeeds. People on these threads whine endlessly about 'banksters'. And then the same people pop up and spout Exxon's party line about climate change and energy innovation.
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