>From Chris Zell > I have never felt such an overwhelming perception that our world economy is > fragile, lacking any depth of stamina and operating on the thinnest of a > margin for error. > > We have now purchased a brief 'timeout' with wild debts that the next > generation will never be able to repay. As it is, we may face an inflation > far beyond that which followed the Vietnam War. More than that, our present > troubles may have been quietly triggered by a demographic shift in Western > nations that cannot be changed within the lifetime of many who are reading > these words. Exactly how do you have a growing GDP with a declining > population, as in Europe or Japan? How do you intend to pay 20 year > Sovereign debt when the taxpayers were never born? > > We desparately need a dramatic technological catalyst to inspire the 21st > century world economy - or the future will be dominated by weak, > miserable governments struggling to redistribute whatever wealth is left. > Expensive hybrid cars to be purchased by overextended consumers, > miscalculated energy yields from windmills, solar cells that keep promising > parity with fossil generation, and waiting for hot fusion like the Second > Coming will not save us. We need something much more profound - and not > marginal. > > Will the answers come from status quo science? Resistant academia? The > same people who cured every disease centered as the concern of a public > charity over the past few decades? Who resisted cold fusion with religious > fervor? > > My point, in summary, is this: The whole world may now depend on fringe > thinkers such as those on this Vortex site or similar boards on the > internet. The economy's deep emphasis on financial speculation in recent > years (such as mortgages and credit cards granted to people who can't afford > them) is a disturbing sign that profitability can't be generally achieved in > businesses that already are too 'lean'. A new energy catalyst is vital. > > We may be the future Tech Saviors of the world. Finding that 'free energy' > Holy Grail may be left as our life's burden - by default - and the clock is > running out.......
There is much food for thought in Chris Zell's essay. These are indeed disturbing times. I, too, don't see how our country will not avoid experiencing massive inflation in the near future. Eventually, something will have to give. It's my understanding that real estate and stock market investments tend to weather the ravages of massive inflation, or at least historically that has been the case. The next time around, who knows. I suspect there is indeed much untapped talent languishing within discussion groups such as here within the Vort Collective and related Internet groups, ready to be tapped. It is perhaps somewhat narcissistic to believe that such collective talent will help save the day, but it sure can't hurt. Regards Steven Vincent Johnson www.OrionWorks.com www.zazzle.com/orionworks
