Every recession plants the seeds for economic advantage in the future recovery. In the very tough 1973-1974 recession, prices fell so low that it enabled the creation of the leveraged buyout industry. With many manufacturing companies in particular trading at 3-4 times cash flow, new market entrants like KKR, Forstmann Little and Dyson Kisner Moran came in and created gigantic wealth for themselves and early investors. In the 1991-1992 downturn, engendered in part by the massive office space overbuilding funded by Savings and Loans (Resolution Trust Co, anyone?) made it possible for telcom and internet start-ups in Austin, San Jose, Northern VA, Boston's Route 128, Dallas, etc. to rent offices at a fraction of the cost had those communities not been overbuilt. And the 2001-02 downturn gave us cheap fiber and bandwidth, and bargain-priced software to feed productivity gains in corporations everywhere. So, where is the upside? At this moment, all that I can project with some confid...
Comments
http://lenr-canr.org/
To summarize, cold fusion was replicated in dozens of world-class laboratories, including Los Alamos and several U.S. national laboratories. Hundreds of papers were published about these replications in mainstream, peer-reviewed journals. Our site features a list of 3,500 papers and the full text from over 500 papers.
Despite this track record of success, skeptics hostile toward cold fusion claim that the effect was never replicated, and they often publish ad hominem attacks against the researchers, especially in the Washington Post, Time magazine, the Scientific American and other U.S. publications. Opposition is less strident in other nations. In the U.S. researchers have demoted or summarily fired for publishing positive results, or for discussing or advocating this research. In the most recent incident, a U.S. Congressman is harassing a researcher for publishing a positive result and for allegedly helping another researcher replicate. (The other research denies this, and there is no evidence that it happened, but the Congressman has demanded "any and all" paperwork about the research.)
http://lenr-canr.org/News.htm
- Jed Rothwell
Librarian, LENR-CANR.org