Friday, September 7, 2007

After the Bust, What's the Next Boom?

This entry from Green Energy News is ostensibly about a new technique for growing algae as feedstock for biofuels.

But it opens with an interesting historical speculation: That the American economy goes through regular boom and bust cycles. The last boom/bust cycle was the dot com bubble. The current impending bust revolves around a housing bubble fueled by unwise lending practices.

The author here speculates the next boom (which must also bust) will revolve around clean, green and alternative energy.

Read the full article here.

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