Time To Move On to the Next Bubble: Clean Energy

[bananas]

Eric Janszen was on this "This Is Hell" this morning. www.thisishell.net
He wrote the cover article for Harper's Magazine February issue. http://www.harpers.org/archive/2008/02/0081908
His website is www.itulip.com
Here's another interview with him.

http://www.renewableenergyaccess.com/rea/news/recolumnists/story?id=51203

January 23, 2008
Time To Move On to the Next Bubble: Clean Energy
by Mark Braly

The U.S. economy is a bubble economy -- going from bubble to crash to the next mania -- and the new bubble is likely to be clean energy, says Wall Street insider Eric Janszen in the cover story of the February Harper's.

We've seen two bubbles, internet and housing, within a decade, writes Janszen, "each creating trillions of dollars in fake wealth."

"There will and must be many more such booms, for without them the economy of the United States can no longer function. The bubble cycle has replaced the business cycle."

<snip>

"The term ‘bubble' is pejorative," he replied. "The alternate title for the Harper's piece was ‘The Good Bubble.' These are changes we need but lack the political ability to make due to the inertia of entrenched interests...Employment of the bubble system that was responsible for the tech and housing bubbles may be the only means available both to fight the impact of the debt deflation recession that started in Q4 2007 and also to deploy resources on the scale required."

<snip>

[tech3149]

1. You must be another "This is Hell" listener n/t

[lurky]

2. Bring it on!

If this is what it takes to get investment for clean energy R&D and infrastructure, then I'm all for it.

[diane in sf]

3. Greatly looking forward to this bubble!