Quote:
Originally Posted by RIJIMMY
theres no money in green, only expense. Technology? that will be India and China.
Just look at the news....all you see is the government spending, its spending because companies have no money, soon, the governement will have no money and no credit. Why would investors put $ in a country that is in debt? Money will go to India, China and other emerging markets.
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Wrong on all counts.
1) There is a ton of cash out there held by investors too afraid to risk it. When people have real solutions to solve the world's gigantic energy needs they will invest and make a killing.
2) The government already has no money.
3) The United States has the best IP protection, legal system and innovative culture in the world. This isn't going to change in the next 20-30 years regardless of what China and India do.
Investors abroad still see the US Dollar as a lower risk currency, even with our trillions in debt. It's because for the near future well still are the heart of the global economy.
-spence
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