Banking on a Myth
Wednesday, June 18th, 2008How Much Have You Invested?
With the price of oil reaching record highs each week, and the cost of goods skyrocketing because of oil prices, weather conditions, and market uncertainty, I’ve started to think a lot about what I’m banking on for the future and why I’m banking on those things. Do I have a good reason to believe that our economy will continue to grow or will rebound from the situation we’re finding ourselves in? We’re over 9 trillion in debt and that is increasing by about 1 billion dollars per day. China is booming however, so what are they doing that’s different from us? Well, first of all, if you don’t believe me that China is booming, just remember that almost everything we buy or manufacture has a part of China in it. Also, read this post from John Chow about the city of Pudong… just amazing: The City of The 21st Century.
Now, what are they doing that’s different from us? A lot… and I’m no expert so I won’t regurgitate information on that matter, but there’s information out there that you can find so you can decide for yourself. For example, check out this website, which gives an alternate view of China’s economy, with links to other informative material: China’s Economy
I guess you can look at China’s economy on a macro or micro scale, so depending on what point of view you’re looking at their economy, you can say you would like to live there, or you wouldn’t. What I do know is this: It’s a scary time to live anywhere. We truly need to find a way to develop new alternative energies. To turn a blind eye to that fact is truly banking on a myth. We obviously have a limited supply of oil and unfortunately I think we will have to run out of that oil or at least have the supply drastically reduced before everyone realizes the magnitude of the problems that is going to create.
What can you do? Contact your congressman/woman and tell them that you want investment in alternative fuel research. Bring this issue to the attention of your friends and family. Do you know the two times when you think about buying life insurance? When you almost die, and when someone close to you dies. Do you know when people think about alternative fuels? When they have to pay more at the pump, or when the cost of goods goes up drastically.
Let’s not wait until the worst happens. Start spreading the word and petitioning your elected officials to make efforts for our government to start investing more in alternative fuels. Most importantly, let people know you are voting for candidates that are dedicated to being proactive instead of reactive. As I’ve said many times before and will say many times in the future, this world will be a better place when more people get involved and start voting on the issues that truly matter and effect everyone on this planet. Vote and change the world.
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