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Enabled by Technolog |
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| In the January 2005 issue of Trends we traced the rapid growth of the real-estate boom in the exurbs. As we explained, according to the U.S. Census, the average commute, measured just one way from home to work, increased by roughly 20 percent from 1980 to 2000, to 25.5 minutes. |
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The Great 21st Centu |
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| Few people realize that we are on the threshold of a truly remarkable period in history. We are witnessing the convergence of several powerful trends that will soon produce a tremendous economic boom. |
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The Need for Speed a |
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| In prior issues, we��셶e discussed the emerging category of $1 million to $2 million micro-jets and the even more exciting VTOL Skycar technology. These developments promise to bring business aviation to a whole new category of small and midsize businesses. But what��셲 going to happen for the elite who already spend $40 million to $100 million for Gulfstreams and Boeing Business Jets? |
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Inflation Remains a |
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| Many Americans assume that inflation is rising. They fear that the recent increase in commodity prices will lead to higher finished goods producer prices and then higher consumer prices. This fear is intensified because people tend to notice when prices go up for products they buy most often.
As economist A. Gary Shilling points out in a recent commentary, such ��쐗idespread fears of inflation are understandable. Historically, inflation is a wartime phenomenon when government spending is huge, while deflation reigns in peacetime. Still, the nation suffered a uniquely long 60 years of war, which started with rearmament in the late 1930s, was followed by World War II, which promptly gave way to the Cold War that was augmented by the War on Poverty. So, most Americans have never experienced anything but inflation, which they believe is the way God made the world.��� |
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Geothermal Energy Is |
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| Speculation, economic growth, and global tensions recently drove oil prices to around $50 per barrel. In a world in which energy consumption is constantly rising, the potential to tap geothermal energy is stunning. |
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