A coming industrial revolution and golden age of America.
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A coming industrial revolution and golden age of America.
Posted by Lookin4Par on 6/24 at 9:08 am
Throughout the recession and sluggish recovery I have remained optimistic that we are on the verge of a new, sustainable and prosperous period of growth in America. Please share your thoughts on this and the attached article.



LINK



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Posted by Cmlsu5618 on 6/24 at 9:25 am to Lookin4Par
quote:

golden age of America


IF YOU JINX US...



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Posted by cwill on 6/24 at 9:28 am to Lookin4Par
It's all tied to our natural gas production...I've been to several talks where this has been put forth. I'm hopeful but somewhat skeptical based on massive new manufacturing demands + exports causing the price to rise.


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Posted by Lookin4Par on 6/24 at 9:46 am to cwill
I believe the key to the entire house of cards will be the rise of the Chinese middle class. Our competitiveness will only increase as the Chinese population shifts more towards consumerism and they demand workers rights the same as we did.

Natural gas prices were the initial catalyst to get this ball rolling but I believe our growth will be able to sustain rising NG prices that are comparable to the growth of the global economy. This boom and expansion will be based on manufacturing and goods, not the financial sector as displayed over the past 20 years.



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Posted by Moustache on 6/24 at 11:24 am to Lookin4Par
quote:

Our competitiveness will only increase as the Chinese population shifts more towards consumerism and they demand workers rights the same as we did.


This is more key than most realize. However, people tend to underestimate India and Taiwan on this front.



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Posted by jimbeam on 6/24 at 11:26 am to Moustache
quote:

India and Taiwan
This.

This is what gives me hope. We could be on the brink of something big here.



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Posted by LSU0358 on 6/24 at 11:34 am to Lookin4Par
I agree completely. A new industrial revolution with our natural gas and oil reserves providing the foundation.


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Posted by wfallstiger on 6/24 at 11:44 am to LSU0358
I recently told our SIL that he and his children will reap the benefits of our excesses and that their future is very, very bright



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Posted by jimbeam on 6/24 at 2:59 pm to wfallstiger
Is anyone betting on the agriculture side of population boom and better economies? There's gonna be a lot more people who can afford more food. I'm considering buying DE.


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Posted by fishfighter on 6/24 at 4:02 pm to jimbeam
quote:

Is anyone betting on the agriculture side of population boom and better economies?


There is a very big problem in our future in agriculture due to water shortages. We are taking 10x more then what is being put back.



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Posted by jimbeam on 6/24 at 4:07 pm to fishfighter
That is something to consider. I need to invest in the water industry?

My thinking is more people will be middle class, meaning less people farming, meaning more equipment to run the same, or bigger farms. That and government equipment subsidies.



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Posted by Ace Midnight on 6/25 at 11:21 am to Moustache
quote:

However, people tend to underestimate India and Taiwan on this front.


And Vietnam and South Korea.



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Posted by dewster on 6/25 at 11:25 am to Lookin4Par
The gulf coast, in particular, is going to experience significant industrial expansion in the next 10-15 years. You will see people moving from other parts of the delta and the south to secure jobs along the gulf coast, and of course those heavy manufacturing jobs have significant multiplier effects on regional employment.

Cheap natural gas is driving that regional boom.....thought that's not entirely what the article was about obviously. I am very optimistic for Louisiana and Texas.


This post was edited on 6/25 at 11:32 am

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Posted by wfallstiger on 6/25 at 11:25 am to jimbeam
the water is there...the question is are we willing to invest in making it usable and if so how will it be delivered/transported...seems to me if ME Nations can make this work then why can't the USofA...I know the Texas Legislature, in its recent session, grappled with this matter but I don't know of its outcome...if we can pipe oil then I can't imagine being unable to do the same with water but what do I know


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Posted by jimbeam on 6/25 at 11:27 am to wfallstiger
I've thought the same thing. I'd imagine in the future LA will pipeline water to the west. Just imagine the freakin money LA would make off of that, oil, NG...wow


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Posted by TejasHorn on 6/25 at 11:29 am to wfallstiger
I believe the TX legislature has approved more reservoirs.

We'll have pipelines from the MS river to Texas and the plains eventually.



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Posted by WikiTiger on 6/25 at 11:35 am to TejasHorn
meh, desalination plants will solve most of our water issues. the technology is already available, it's just energy intensive. once solar becomes more viable in the next decade, you will see desalination plants pop up all along coasts. Los Angeles won't have to steal from the Colorado River any more. Texas can use water from the Gulf of Mexico. North Africa can use water from the Mediterranean. etc. etc.





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Posted by weagle99 on 6/25 at 12:18 pm to wfallstiger
quote:

I recently told our SIL that he and his children will reap the benefits of our excesses and that their future is very, very bright


2 intertwined issues will not allow me to share your enthusiasm:

- The large and increasing number of people dependent on the government for their subsistence
- The unchecked constant growth of the Federal government



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Posted by Crbello4Hiceman on 6/25 at 5:47 pm to weagle99
+1


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