by Anthony Wile, The Daily Bell:
Is the Green marketplace foundering? It would not be surprising. This happened in the 1970s when the first wave of solar panels and wind turbines were securitized and the “alternative energy” industry was in large part created.
Recalling the 1970s, we’ve been consistently suspicious of the resurgence of the “renewables” industry. For one thing, many of the companies seem to have considerable various government inputs – grants, loans, etc. This is not a healthy sign.
For another, there doesn’t seem to be an overwhelming groundswell of demand for these kinds of solutions. They arrived in the 1970s during the “golden bull” – when gold and silver were on the rise. And the 2000s have provided a similar schematic.
Please follow SGT Report on Twitter & help share the message.