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CanadianValue
CanadianValue
Articles (4624) 

Millenium Wave's John Mauldin - Unconventional Energy Is Our Way out of Dual Deficits

December 12, 2012 | About:

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.



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

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