PeakTrader.com

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PeakTrader said...

(Low inflation expectations) It could mean a "Lost Decade" instead of the continuation of strong disinflationary growth, from 1982-07 (which included only one moderate and one mild recession).

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This economic recovery may be the weakest in U.S. history, even with the massive government "stimulus."

So far, it's been a rolling depression, with a few months of improvement, a few months of deterioration, etc.

Even if a virtuous cycle of consumption-employment takes hold in 2012, there's been enormous economic damage over the past four years.

And if the cycle of recovery doesn't take hold, or takes hold slowly, the damage will accumulate (and perhaps accelerate).

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PeakTrader said...

Juandos, yes, it's a waste to maintain a huge military without putting it to good use.

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PeakTrader said...

People who buy electric cars create more waste than people who buy gasoline cars.

They buy a $40,000 electric car that costs $60,000 to produce (from regulations and subsidies).

And it's not even worth $40,000, except they believe it helps the environment.

The waste they create is paid for by less government services and/or more taxes, fees, fines, fares, tolls, etc.

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Zachriel says: "America's competitors will not stop in their efforts."

Let them pay a fortune to make the best electric car in the world.

While the U.S. creates several new products worth much more.

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Larry G said...

"Let them pay a fortune to make the best electric car in the world."

maybe. If they subsidize it like I suspect the Prius and Leaf are... then what?

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PeakTrader said...

Larry, then, by allocating resources efficiently, the U.S. may build a better gasoline car than the best electric car, and also invent new drugs, software, aircraft, etc. with the money left over.