It Takes A Lot Of Green To Be Green

Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on TECHNOLOGY were channeled on July 19, 2010 directly from our “Higher Intelligence Source ” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… Technology helped fuel the economic boom of the 1990’s. Then came the dot.com bust and technology took the blame for starting the recession in the early 2000’s. Wall Street caused the recession this time, so why do people keep saying that technology can be counted on to save the economy? Are people and companies going out and investing in technology like they did in the ‘90’s causing the boom? Hardly. Other than 20 and 30-somethings running out to by the newest iPhone, people aren’t falling over themselves to invest in technology. There always seems to be a new technology wave to catch that’s going to give us the ride of our lives. Youngsters with shaky business plans received hundreds of millions of dollars for their Internet ideas where they planned to lose a lot of money while they were growing quickly so they could later turn those big visitor numbers into a moneymaker. Web companies stocks soared. Part of the problem though was that nobody knew how to value these new types of businesses. Then, high-profile dot.coms failed, interest rates started to rise, and debt crippled the optimism of this new internet technology boom. The Nasdaq, heavily tech-laden, imploded and each day another big tech player was announcing layoffs. In recent times, we’ve witnessed the IT revolution, the dot.com bubble, a biotech bubble that didn’t cure any diseases, and nanotech hysteria on a grand scale. Now some people think that “green” technology will be the savior of the economy and get us off dependence on foreign oil. Green technology encompasses many things. There’s solar, wind, hydro, bio-fuels, electric cars, hybrid cars, and others. Interest and support for green projects runs hot and cold. When oil was $140 a barrel and looking like it was going to go higher, everybody was gung ho on alternative energy. Now, with the economy suffering and oil half that price, governments, corporations, and people aren’t that willing to start investing in green. Many projects are being canceled even though they received grants and subsidies. Nobody is spending. Everybody is conserving money. Very few people are going to run out and buy a $50,000 – $100,000 electric car. Plus, what if electricity becomes more expensive than gasoline? What if it’s even the same price? Would you drive that old fossil-fuel 6 cylinder or worry about if you have enough charge in your car to make it home? What if the grid implodes from everyone plugging in their cars at the same time? When difficult times hit, people are always looking for what is going to save the economy. Technology, with all its mystery, seems to be what people flock to for hope. Will technology be the savior this time? …Go ahead with your predictions and commentary…

Voice of Higher Intelligence: ‘With all the talk about green technology, the US is far behind in its development and deployment. Of the leading green companies in the world for things like batteries, solar panels and wind turbines, the US doesn’t lead in any category. In fact, the US companies make up less than 20% of the leaders. The green technology push also promises to create many jobs. These have yet to show up and the few jobs that have been created don’t even begin to put a dent in all the layoffs from all other sectors of the economy. People are really conserving their money. They are not spending. Dirty, old-fashioned technology is cheap and already exists.” continue MEMBERS-read the rest of these predictions in the CR News Reports©, or click HERE to order yours now to get all the “News Before It Happens … The Nostradamus of the NEWS.” Not a Member? … want to listen to this entire prediction?

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