In reply to Chris Zell's message of Tue, 23 Jun 2009 16:38:21 -0700 (PDT): Hi, [snip] >Your comments suggest that we have our backs against the wall. I feel >impelled to agree and I am actually glad to see such comments. > >Economics is called the dismal science for good reason. Science and academia >do not exist in isolation. As more and more facts are revealed, it is apparent >that we are in much bigger trouble than our leaders have thought. If the >"recession" doesn't end in a few months, it will become a global depression >by definition. > >There have been times when the US was faced with defeat and encountered a >miracle. The US had only enough rubber to fight WW2 for a few months - and >suddenly discovered synthetic rubber. > >I'm sorry to say that we need a similar tech miracle but I don't see an >alternative.
I might just have that tech miracle, but can't find anyone willing to take a gamble on a "rank outsider". Maybe the world actually needs to be in the grip of a full fledged depression before government gets desperate enough to try a long shot. As an example of our own governments actions - they are willing to put the country in debt to the tune of AUD 300 billion pursuing conventional cures for the recession (including a AUD 45 billion cash handout), but are unwilling to even give a hearing to someone that only needs a 100 grand for an experiment that could end up tripling the nations GNP. If I sound frustrated, it's because I am. :( Regards, Robin van Spaandonk http://rvanspaa.freehostia.com/Project.html
