I meant as the main form of energy. We can go a long way toward economic reform if we didnt have to run our cars from fossil fuels.
You RIGHT!!! But good luck to Mexico, the Middle East, Russia, etc. with their Agricultural and Industrial Revolutions. Heck, we'll have to babysit these guys even more now. One thing about our downturn, its definitely HUMBLED those arrogant SOBs. "We don't need the US, we can build steel wheels for our Tractors, oh, shoot, we already have plenty of those". An old Joke I just read but extended: What's the capitol of Russia, Mexico, and Venuswalia? Answer: $25
The answers are all right here. http://www.financialsense.com/editorials/quinn/main.html Print out every essay, and study them at your desk. Your understanding of this whole crisis will go up 10 fold.
Garbage. There's a very simple way to solve it - let the market clear, and capital reallocate to productive use. I think what was meant by this article was "no one has a good proposal to solve it by next tuesday at minimal cost". Well, no shit sherlock.