If you haven’t noticed, the world is in an economic mess that may eclipse that of the dirty thirties. While it hasn’t proven worse yet, meriting the moniker ”the great recession”, there are still two major issues waiting in the wings: the European situation may still get a lot worse. Some have seriously wondered if the euro can survive the crisis. The American debt, with a possible looming double-dip recession has left many wondering if the mighty U.S. dollar may melt away into the abyss of hyperinflation.
The thirties was rescued by the second world war. Suddenly, because of necessity, there was no unemployment, and tons of R & D.
However, when the e-cat is discovered by the world, it will bring in a time of desperation that will also spur mass R&D just like the second world war did. I mean, every product that consumes more energy than is available with a battery will have to be re-engineered. Trains, planes, automobiles, lawn mowers, furnaces. The list goes on and on. All of the companies that make these products will be in a desperate race to be first with Rossi power.
Now another fact needs to be factored into this equation. It seems that though individuals are hurting, and governments are in economic crisis, a lot of companies seem to be flush with cash. There aren’t, however, a lot of R&D projects that society is just craving, so one of the favorite ways for companies to spend their money isn’t an easy path to follow. When the e-cat is revealed, this will suddenly change. Companies will be spending R&D money as fast as they can. The result will be just like government stimulus, except it isn’t paired with government debt.
And companies that will be hurt by the e-cat, such as the big oil companies, what of them? They, especially, will be fighting for their lives. They will do what big tobacco did when it became clear that their product was falling out of favor — diversify. And diversification costs money. Money will be spent like crazy, the economy will be stimulated. People will be put back to work. Some will do R&D. Others will fill the vacancies that are left by those hired to do R&D.
I hold hope that the e-cat can provide the engine necessary to rescue the American and European governments from themselves.