There Is No Recovery… It’s All Been Just More Debt

There’s plenty for DR readers to disagree with in this newly-released video from the Post Carbon Institute which examines whether or not we’ve entered a “new economic reality.” It’s especially timely given current swings in financial markets… including this morning’s 400-point free fall in the Dow (so far)… and the ongoing correction in the economy.

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The Good Kind of Virus

The insights presented at last week’s Agora Financial Investment Symposium, were both scary and hopeful. The event, entitled “Fight or Flight,” featured gifted minds like John Mauldin, who put an exclamation point on the dire fiscal situation the country is in.

A proverb derived from ancient Greek drama asserts: “Those whom the gods wish to destroy they first make mad.” And truly, the drama of the debt resolution impasse in D.C. (I’d rather not associate the place with George Washington’s good name at this time) reveals a particularly perverse madness.

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The “Holy Grail” of Medicine

Last year at the Agora Financial Investment Symposium I predicted that this would be a very big year.

I’ve been saying for a while that scientific progress is moving so fast that most people are unable to deal with the kinds of breakthroughs that are happening.

I’m even astonished.

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Why an Economic Downturn Begets a Technological Renaissance

The Old World is looking older by the day, as most European stock markets fell yesterday for the sixth time in seven days. Here in the New World, the Dow Jones Industrial Average tried to buck the trend, but did not succeed.

Around midday in New York, the Federal Reserve issued fresh assurances that it stands at the ready – if the economy continues struggling – to do even more of what hasn’t worked. The Dow jumped about 70 points on the news, but failed to hold its gains. By day’s end, the Dow was down 59 points at 12,447.

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Distress is the Mother of Opportunity

Few technologies have had a greater impact than the invention of television…

But, it took decades for the basic idea to become commonplace.

In the early 20th century, inventors tinkered with a variety of low- resolution electromechanical displays. The FCC even granted experimental broadcast licenses for early TV broadcasts using these sets.

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Graphene: The Next Wonder Material?

Cheap solar panels. The most powerful transistors ever. Even the ability to make a fighter jet invisible.


One barrier to solar breakthrough – its cost – is going down

Each of these breakthroughs has been announced in the last two weeks. Each relies on one of the most basic elements mined from the earth. And each could line your pockets with cash if you move quickly enough.

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Space Guns

Jules Verne, the French writer who pioneered the science fiction genre, once wrote, “Anything a man can imagine, another man can create.” But even Verne might be surprised to see that some of the fantastic ideas he imagined 100 years ago are becoming realities today.

Verne was an extraordinary author and his fertile imagination has inspired generations of scientists and engineers. In one of his works, Verne imagined a voyage to the moon enabled by a gigantic space gun. The fictional cannon, called Columbiad, fired a projectile holding three travelers to the moon. Today, a kind of space gun is moving toward true viability and possible commercial application. But first, a little background…

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The Immortalizing Enzyme

In the early 1500s, according to legend, the Spanish explorer, Ponce de Leon, traversed Florida looking for the Fountain of Youth. He never found it. 500 years later, scientists are still searching for it. They haven’t found it either, but they might be getting close.

A certain anti-aging enzyme has captured the attention of the scientific community. Telomerase is the name of this “immortalizing enzyme.” There is no publicly traded company doing real telomerase gene-activation research now. Moreover, there is no guarantee that those who are working in this area will accomplish their goals of stopping or reversing the cellular aging process.

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Transforming Patience Into Gains

“If you can keep your head when all about you are losing theirs…yours is the Earth and everything that’s in it.” –Rudyard Kipling, “If”

There’s plenty of bad news out there lately. Nations such as Greece are in imminent danger of defaulting on public debts, and thousands of people are protesting in the streets in response to austerity measures. Here in the US, unemployment is rising, and a number of indicators are suggesting a return to economic contraction. On the stock market, weeks of declines in major indexes have wiped out all of this year’s gains.

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