Hi! What most people seem to not consider while assessing LENR's impact on world's economy is energy's major role in our financial system.
With very, very few exceptions (most notably, Japan and South Korea) large energy companies are the backbones of our stock markets. Everywhere, oil, gas, grid, electricity and such companies are not only the largest companies, but also the most reliable in terms of financial safety, aka "blue chips". Just make a short list in your heads, no matter where you are from. Energy = big company, stock market "makers". Even in some pretty big and diverse economies like France, UK and Brazil these companies are not only important, they ARE the market. What would happen to London Stock Exchange if both British Petroleum and Royal-Dutch Shell went out of business? Even though Shell is located in The Netherlands, most of it's shares are traded in London. In France, Total (oil) and EDF (Eletricitè de France) would collapse. In Brazil, it would be chaos. Petrobras (oil) and Eletrobras (electricity) are major players, perhaps more than 1/3 of all daily business involves either one of these companies. Make no mistakes, even the strongholds of world's economy would know chaos. These are the 3 largest chinese companies (by revenue): 1 - Sinopec (oil) 2 - China National Petroleum 3 - State Grid In USA, names like Chevron and Exxon come to mind. But here is the "catch-22". In all those countries, banks are major players as well. And if oil fails, banks would just go mad, precisely because oil is the "safe bet" for banks, they are certainly attached. Many banks would have dramatic losses if all oil companies fail at the same time, as it seems plausible in this scenario. The whole economy depends on banks and credit. If the system fails, the whole economy fails together. What about taxes? Taxes on oil, fuels and electricity are a huge amount of money. And they are very hard to avoid, too. Safe, big revenue for governments and GONE. What about countries that rely on oil as humans rely on air? Russia, Saudi Arabia, Nigeria, Venezuela, Iran, Irak, Angola... put all of them together in economic chaos and I can tell one thing: pretty big MESS! How would citizens of rich countries like Canada, Norway and United Arab Emirates, to name a few, react to a sudden loss of wealth? Energy plays a vital role in these economies. What about all that money that countries like USA, Germany, Denmark and China lent to companies developing "green technologies"? They could have just as well tossed that money in the trash can. Not likely to see that money back. The impact of LENR would be WAY, WAY, beyond those 10 to 15% percent that energy seems to have in our society. Cheers! World revolution is coming. 2012/7/19 Terry Blanton <[email protected]> > On Thu, Jul 19, 2012 at 9:42 PM, David L Babcock <[email protected]> > wrote: > > > Lacking -at this moment- your book, I plunge ahead anyway... > > It's a quick, free download: > > http://lenr-canr.org/acrobat/RothwellJcoldfusiona.pdf > > T > >
