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re: A coming industrial revolution and golden age of America.
Posted on 6/24/13 at 9:28 am to Lookin4Par
Posted on 6/24/13 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.
1
Posted on 6/24/13 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.
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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