U.S. is Losing Economic Cold War with China
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Uploaded by CaseyResearchFAN on Jul 27, 2011
http://bit.ly/psPcTE Sign up for your weekly Conversation with Casey.
This week Stefan Molyneux (our video host) interviews Casey Research Chief Economist Bud Conrad on the current state of the U.S. and global economy, with a specific emphasis on investment implications.
Bud has a more bearish view on nuclear power than Casey Energy Strategist Marin Katusa, so we'll have to interview him soon as well. It's okay that their opinions differ; creative thinking can't occur where different views are not allowed. And Bud's basic analysis is highly consistent with the way Doug himself views things -- which is, in technical economic terms, "pretty darned scary."
Bud's book, "Profiting from the World's Economic Crisis" can be purchased here:
http://amzn.to/nR57Pc
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Fossil fuels? The Russian/Ukrainian geologists' consensus is that oil is abiotic, and the Russian oil industry is booming.
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Actually there is a republican presidential candidate who wants to close all American bases around the world. His name is Ron Paul and is getting censored by the media for his views of government.
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I agree we need to get out of crude oil dependency, HOWEVER!, Natural Gas is being extracted by injecting 500+ toxic chemicals and wasting of billions of gallons of fresh drinkable water. Natural gas is NOT clean energy. The land that is "fracked" is polluted permanently, the streams, underground water tables, soil, all contaminated with these 500+ chemicals. Watch "Gas Land" please!
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The full faith and credit of the U.S. government has been downgraded. I guess comrade Obama said "default" just too many times. We will just have to see how his new "We must all work harder plan" works.
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"Hallelujah"! -- that's all I want to say!
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@November2025 40 years actually
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Guns and Butta (NY accent)
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Casey research with stefan molyneux is bitchin'
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@jomitast Well said and I agree with you and Ron Paul regarding all of this.
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Hmmm, I think Ron Paul has had this position for 20 years.
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slhines7 7 months ago 15
Outstanding!
TatutKhem 7 months ago 3