A "bubble cycle" instead of a business cycle... house prices to revert to trend and fall 38% from peak... a $12 trillion gap to plug with fresh securities in a different sector as the current bubble collapses... government legislation to clear the way for the speculative rush... $12 tn + an extra $8 tn = $20 tn... it's going to be... ALTERNATIVE ENERGY.
Read iTulip founder Eric Janszen's Harpers article.
"Caloriefornia or bust!" Any views from energy investment specialists (e.g. Nick Drew)?