EJ on BNN today

[we_are_toast]

Re: EJ on BNN today

Hybrid diesels?!

I have this argument with my environmental friends all the time. They push very hard for energy conservation as the solution for our energy problems. I argue that conservation, whether it is more efficient gasoline, more efficient light bulbs, or hybrid diesels, is only a stop gap measure that buys you time for a solution that does not involve rapidly depleting resources such as oil, NG, Coal, nuclear. So, unless one proposes a solution based on renewable, or long term economically available resources, while proposing efficiency and conservation as the transitional method to get us to the sustainable solution, one has not proposed a solution to our energy problems at all. In fact the energy writing has been on the wall for 40 years, and great strides in efficiency and conservation were made in the 70's and 80's. But conservation and efficiency were viewed as the solution and we've squandered 40 critical years where we could have been building a sustainable energy source for a sustainable economy.

Hybrid diesels are not a solution.

[DRumsfeld2000]

Re: EJ on BNN today

Thanks. He seems to avoid answering directly the question on gold, but appears to remain positive as he sees currency problems increasing. Does anyone know if EJ has forecast a forthcoming gold price?

[cjppjc]

Re: EJ on BNN today

I loved the interview. Just how exactly does a reduction of mortgage debt to "pre bubble days" work. Cash buyers out of luck? New construction? refis?

[sishya]

Re: EJ on BNN today

When EJ says, Telecom/Tech companies failed they were dissolved, stocks went to 0, but al teast we had all those optic fiber buildouts/Router gears, which are helping the
iphone/vonage changes and companies and people profiting from that. But for houses, the extra buildout and paying still the old debt is draining.

[LargoWinch]

Re: EJ on BNN today

Interviewed on BNN today: the book, gold, and government.

And yet another great interview. Well done.

EJ is again quite polite/humble when blaming "FIRE" on the US Economy alone, while it is certainly a Western (including Canada's - BNN's home base) - even global - problem.

[FRED]

Interviewed on BNN today: the book, gold, and government.