Archive for October, 2008

Solar Power International Conference

I think that everyone interested in alternative energy should take the opportunity to visit the Solar Power International Conference. 

Solar Power International, previously called Solar Power Conference and Expo, was created in 2004 when the Solar Electric Power Association (SEPA) and the Solar Energy Industries Association (SEIA) joined together in partnership to fill an obvious void: the US was missing a business-to-business solar conference and expo. With an industry growth rate of more than 40% per year, there was a need for a single event where industry could come together with potential customers, policymakers, investors, and other parties necessary for continued rapid growth. It didn’t take long for the event to establish itself as the premiere solar event in the US, growing from 1,100 attendees to over 12,500 in just 4 years! (more…)

The US Economy

We all know that our economy has had its ups and downs, and we are definitely in a down cycle!  I was just at an investment conference and there are a few data points that I would like to share with you. A boom is a period of economic growth while a bust is a long term cycle of contraction. From 1854 to 1945 that boom/bust lasted 21 months. Now fast forward to after WW II and the expansions have lasted about 50 months and the contractions have lasted 11 months.

I am always amazed that a large portion of the US debt is held by foreign governments. They hold about 30% or $2.6 trillion dollars. The top 5 include: Japan, China, UK, our oil friends, and Brazil. We would have to pay over ½ million dollars for each household to pay off the national debt.

Year

Debt

GDP

1920

270 B

916 B

1950

2.2 T

2.5 T

1980

2.3 T

7 T

NOW

9 T

14 T

 

(more…)