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

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Dec 12, 2012
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.