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Forum List » Guru News and Commentaries Guru News, Stock picks and commentaries  
Millenium Wave's John Mauldin - Unconventional Energy Is Our Way out of Dual Deficits
Posted by: CanadianValue
(IP Logged)
Date: December 12, 2012 11:33AM
John Mauldin has the following observations: - America needs to reduce both the trade and fiscal deficits. - The most obvious way to get this done is through the unconventional oil and gas boom. - According to Jeremy Grantham, half of the growth in the economy is going to come from this unconventional boom. - If we got really aggressive with oil and gas drilling it could add a full percent to GDP per year.
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