Morning all. Just a snippet from latest MacBank n'letter. There is a lot of talk about "end of USA" etc. They are bunch of nuts but the country has massive resources in land, tech and energy. It won't be finished in our lifetimes.
Mac Bank
The American Revolution - A declaration of energy independence
The US has a long history of leveraging from its natural resources to develop a formidable economic structure.
Cheap natural gas is next in line. American industry will enjoy an enormous cost advantage over Europe and Asia.
One implication is stronger economic growth. But the long-term structural advantages are even more important.
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