Why have we been obsessed by the "energy crisis" for decades and done nothing about it?
Just raise taxes on gas, as in Europe. People will be forced to consume less. Cars become more efficient. We will be forced to develop more intelligent ways to transport people. Trains anyone? What a wild and novel idea!
High government deficits? How about selling all those unproductive and poorly managed assets governments own?
But the bureaucrats do not want to let go their little empires.
It is all about power.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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