Post #1278 by AdrianC on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

Unthreaded | Threaded | Whole Thread (8)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

Good article on this topic today on Krugman's substack. Krugman notes that most new generation in the US is by renewables and current government policies don't support that.

Brought back (painful) memories.

Krugman: Like many observers, I see obvious parallels between today’s AI boom and the telecom boom of the late 1990s. (Telecom, not dot-com — overinvestment in fiberoptic networks etc. was a much bigger deal than overvalued websites.) Then as now, huge amounts of business investment were driven by enthusiasm about an exciting new technology. And the enthusiasm back then was justified!

Remember Level 3 Communications, anyone?

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (8)

Prev | Next

Announcements

Macroeconomic Trends and Risks FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.