The Global Financial Crisis is shining more light on the cancer that is destroying the purchasing power, of the average person, for the next several generations.
The monster lurking in the near future is not an imminent invasion from foreign forces or a loss of freedom to move about, but a decline in the value of the dollar thereby causing the reduced purchasing power. This monster has been called the fraud inherent in fiat money, the hidden tax nature of runaway inflation, and debasing the currency. It has been caused by various government & economic policies related to a central banking system, excessive bailouts, ineffective regulation, unfunded entitlement programs, and essentially a country living beyond its means.
The consequences will be huge declines in the stock market, savings becoming worthless, and the bond market completely falling apart. As the value of the dollar falls, that dollar will no longer be worth a dollar; it will be worth only pennies on the dollar.
There are two unique propositions in Husk Power Systems: The manner in which the entrepreneurs are creating a rural electricity grid in Bihar villages using rice husk and two, the manner in which they have raised funding, the most recent being a $250,000 seed round after competing against over a 1,000 competitors to win the Draper Fisher Jurvetson and Cisco-sponsored Global Business Plan Competition.
First came the entrepreneurs in Gyanesh Pandey, a BS, Electrical Engineering, IIT Varanasi, teamed up with Ratnesh Yadav, a serial entrepreneur from Patna, who did his BA from Delhi University in 1997 who came up with a plan to electrify villages in rural Bihar with generators powered by rice husk. Rice husk, the outside of rice kernels, have traditionally been removed and discarded before rice is transported. However, when rice husk is heated it releases energy and HPS has developed technology that filters the released gas and runs this through a diesel-like engine to generate electricity.
[Editor's Note: This is the eighth installment of our “Outlook 2009” series, which looks at the global investing outlook for the New Year.]
President-elect Barack Obama has made no bones about wanting to jump-start the renewable energy markets – pledging $150 billion for the development of biofuels, solar and wind power, other alternative energy sources during his first term.
But what might the new administration mean for more traditional – and more reliable –energy sources?
It is unofficial – but around the world many of us agree on one thing: it is very likely that there will be an energy crisis in the future. We all know energy is a big issue in the contemporary world, and we have been convinced that humanity is at a crucial crossroads in its history because we face an energy shortage. Many experts believe this problem can only be solved by the use of alternative energy solutions.
By energy, I mean the fuel that drive our cars, give us electricity and enables us to enjoy modern amenities we feel so vulnerable without. Fossil fuels have been the prime source of energy for human society since the beginning of the industrial revolution. These fossil fuels have been the muscles, which have enabled us to progress and develop to such dizzying heights. We face a problem in the 21st century because our stocks and reserves of these fossil fuels are running low; this news is worsened by the fact that these reserves cannot be renewed. Many governments and private agencies have started promoting Alternative Energy Solutions to overcome the looming energy crisis caused by the depletion of the non renewal’s sources of energy that all fossil fuels – coal, all oil and natural gas – represent.
magniworks.blogspot.com By constructing the magniwork power generator, you will be able to generate completely free electric energy, meaning , create energy without needing any source of renewable or non-renewable energy. The generator powers itself and creates energy by itself, without requiring solar energy, heat, water, coal or any kind of resource. This generator powers itself and works indefinitely, without stopping, creating a large amount of energy.
It seems that change is the underlying theme in the American culture today. With the new administration in the White House and a fresh sense of ânewâ things to come, people are looking to change their old ways and move on to a new and perhaps better way of life. When it comes to personal finance, there is a resounding difference in what people are searching for in their investments and portfolios. It is only natural to have such an inclination since most Americans have lost a huge chunk of their hard-earned money in a blink of an eye. Real estate investments and hedge funds were all the rage years ago but all that will soon be replaced by safer and more defensive investments. Let the recent financial crisis be a lesson for all of us. We should all rebuild our savings in a safer and more cost-effective way by revisiting our portfolio in a new light. We should practice the power of change in managing our portfolio. Hereâs how.
