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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (169566)12/6/2008 9:03:29 PM
From: Bank Holding CompanyRespond to of 306849
 
PG and E has some kind of "local" generator that each house could cut their electrical bill over 50 percent. Of course it's not used.



To: Lizzie Tudor who wrote (169566)12/6/2008 9:07:01 PM
From: alanrsRead Replies (1) | Respond to of 306849
 
There are whole economics textbooks devoted to division of labor and trade balances. I don't wish to summarize them here, nor am I able to at this point. However, I do remember some of the conclusions I drew when I read them.

I don't know what our 'fundamental' problem is. If I had to guess I would probably put it somewhere around a belief that there IS a free lunch, or that everybody else is doing it so I better do it too (or else go out of business). But I'm just guessing.

It's also possible that "everything is exactly the way it's supposed to be, all of the time". I've gotten a lot of mileage out of that one.

ARS



To: Lizzie Tudor who wrote (169566)12/6/2008 9:17:31 PM
From: alanrsRead Replies (2) | Respond to of 306849
 
I also wanted to point out that if it took 1,000 billion to replace the BTUs we bought overseas for 800 billion (not an unreasonable assumption) there would be 200 billion less to spend on health care or whatever. Oversimplified, I know, but I assume you get the gist.

ARS