Get ready to the world of fossil fuel free economies

Seven months ago, President Obama threw $787 billion of your hard-earned cash at a raging economic inferno -- but that's nothing compared to the $10 TRILLION that will go up in flames as the next economic crisis bears down on us.

We're on a collision course with financial disaster. Yet, a handful of the world's most savvy investors -- including Microsoft founder Bill Gates -- are quietly positioning themselves to secure massive profits. You can join them -- if you take advantage of the 3 opportunities revealed just ahead...

Dear Fellow Investor,


According to The Economist, "a fundamental change is coming" -- and sooner than any of us ever imagined.

You probably know all about it. The buzz has been building slowly for years -- and now it's deafening.

It's all over the nightly news and the pages of The Wall Street Journal, Fortune, and Time.

President Obama has made it a top priority for his administration... It took center stage at the Olympics... Now even the mayor of New York and the queen of England are preparing for it.

Yet you may not realize just how soon -- or how much -- it's going to impact our lives.

And I can almost guarantee you that nobody out there has explained the very best way for YOU to lay claim to your fair share of the profits that will come out of this inevitable crisis.

The world's foremost experts say $300 BILLION
will be generated -- in the next 5 years alone

That's why everyone from General Electric to Goldman Sachs, JPMorgan to British Petroleum, The Blackstone Group to Shell Energy -- and even billionaires like Bill Gates -- are racing to get invested.

It's also why I urge you to take the next few minutes to read this report in its entirety...

At the very least, you'll get the full story -- so you can decide for yourself if you'll be front and center when the big money starts rolling in.

Plus you'll get all the details on three immediately actionable investment opportunities that can help you cash in on this coming change -- and build the kind of wealth and financial security we all secretly dream about...

And I'll even show you how you can secure returns far greater than any of the legendary investment houses, companies, or innovators I just mentioned.

Shrewd investors just like you have already used this often-overlooked investment strategy to grow their portfolios by 2,941%, 6,771%, and even 21,201% -- in just the last 10 years alone!

I'll give you all the details in just a moment, but first let's discuss what many experts are calling...

"The Greatest Transfer of Wealth in the History of Mankind"

Right now -- while the rest of our nation struggles with a brutal recession -- a handful of sleepy, wind-swept West Texas towns are absolutely booming.

Not since the first railroad tracks were laid in 1881 have these backwater towns experienced such prosperity...

In places like Sweetwater, Texas, abandoned buildings are being renovated and restored. New shops, hotels, and restaurants are opening left and right. Schools are going up, and highways are being built.

You might be picturing old-money oil tycoons like J.R. Ewing sitting in their mansions, sipping bourbon, and relaxing as their oil rigs pump all day and night...

But here's the real shocker... these towns aren't booming because of oil -- they're booming in spite of it.

You see, they're at the epicenter of a $300 billion movement that holds the key to keeping the U.S. economy from hemorrhaging TENS OF TRILLIONS of dollars over the next few decades.

"The simple truth is that cheap and easy oil is gone.
This is one emergency we can't drill our way out of."
-- Billionaire oilman, T. Boone Pickens

Whether or not you believe that "peak oil" is a geologic reality, the economic reality is that this year alone we will buy $700 billion worth of oil from countries that, as Pickens puts it, "don't like us very much."

That's four times the annual cost of the Iraq war -- and roughly equal to the amount that was picked out of taxpayers' pockets in order to "bail out" Wall Street. Projected out over the next 10 years our tab for foreign oil will come to a staggering $10 TRILLION!

That's a gut-wrenching amount of money to just throw away -- especially when our economy is in such turmoil. And from the looks of it, things are only going to get worse.

In 1970, we imported 24% of our oil. Today it's nearly 70% -- and growing.

And although we represent a mere 4% of the world's population, we use nearly 25% of its oil.

The unfortunate truth is that we are hopelessly addicted to oil. And the readily available supply of that oil is coming into serious question...

The CEO of Total SA, one of the world's largest oil companies, recently confessed that the world can't increase oil output beyond current levels.
The Wall Street Journal reports that output from the world's existing oil fields is dropping about 4.5% per year and by up to 18% per year at some of the biggest oil fields in the North Sea, Alaska, and the Gulf of Mexico.
The New York Times reports that many of the world's top oil exporters may have to begin importing oil within a decade to keep up with rising energy demands inside their borders.
Of course, the Saudis claim they have plenty -- some 260 billion barrels in reserve. Yet they refuse to let outsiders audit their reserves or confirm these claims.

And even if they do have all that oil, you can bet they have only one motive: to get top dollar for it.

In fact, more than 75% of the world's oil supply is in the hands of state-owned oil companies who are worried only about their own bottom lines.

To make matters worse, population booms in places like India and China have caused demand to skyrocket -- putting an even bigger strain on this ever-diminishing supply.

Last year we saw just how quickly the price of oil and gasoline can spike -- and how much havoc this can wreak on our economy and our way of life.

The good news is that there now is a solution that is both feasible and profitable...

"Plans for the end of the fossil-fuel
economy are now being laid."
-- The Economist

20 years ago, wind energy was nothing more than a coffee-shop conversation between tree-huggers and hippies.

But since then, technologies have improved immensely... designs have become exponentially more efficient... and America's energy crisis has reached an urgent breaking point...

Meaning that wind energy has gone from something that we ought to pursue to something we absolutely must pursue.

Luckily for us, wind is now a viable -- and profitable -- way to wean ourselves off foreign oil. But don't take my word for it...

Researchers at Stanford University concluded that wind power can satisfy global energy demand 7 times over -- even if only 20% of available wind can be harvested.

Green Chip Review estimates, "By 2020, wind capacity in the United States will have grown 360%."

And the Department of Energy recently confirmed that up to 20% of America's electricity can come from wind by 2030 -- maybe even sooner.

When you consider that number currently stands at just 1%, you can begin to see why in-the-know investors are so excited right now...

The wind industry is about to explode 20-FOLD in the U.S. alone.

from the motley fool

G20 Nations agree to trilion dollar financial plan for lifting global economy

G20 summit updates April 2009- World leaders agreed a trillion-dollar deal on Thursday to combat the deepest economic downturn since the Great Depression.

At a G20 summit, they also signed off on plans to commission blacklists of tax havens and tighten financial rules to bring hedge funds and credit rating agencies under closer supervision.

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"This is the day that the world came together, to fight back against the global recession. Not with words but a plan for global recovery and for reform and with a clear timetable," British Prime Minister Gordon Brown, the summit host, said.

World markets reacted positively. The index of top European shares was up 5 percent after Japan's Nikkei gained 4.4 percent. On Wall Street, the Nasdaq was up 4 percent and the Dow Jones 3.6 percent.

Brown said that while there were "no quick fixes," the decisions meant that "we can shorten the recession and we can save jobs."

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French President Nicolas Sarkozy said the results were beyond what could have been imagined.

Addressing a key demand from France and Germany, Brown said the leaders agreed "there will be an end to tax havens that do not transfer information on request. The banking secrecy of the past must come to an end."

He said leaders agreed to commit new resources of 1 trillion dollars that are available to the world economy through the International Monetary Fund and other institutions.

This included 250 billion dollars of IMF reserve units called Special Drawing Rights. "This is available to all IMF members," Brown said. In addition, the IMF would see its own resources tripled, with up to $500 billion of new funds.

The G20 also agreed a trade finance package worth $250 billion over two years to support global trade flows.

posted under - G20 updates, G20 2009, G20 summit updates, economic recession updates, economic crises updates, world economies updates, G20 meeting

MS Ahluwalia predicts economy growth at 6.5%

The Planning Commission on Tuesday said the economy will grow by 6.5 per cent during the current fiscal, much below the 7.1 per cent projected by the government last month.

"Growth this year will be around 6.5 per cent and the name of the game next year will be to repeat that performance," Planning Commission Deputy Chairman Montek Singh Ahluwalia said here.

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Pointing out that additional stimulus, over and above what was announced in the Interim Budget, would be required to push growth, he said, "it will be a major achievement (to achieve growth of 6.5 per cent in 2009-10)".

Ruling out the possibility of sustained inflation in the backdrop of steps being taken by the Reserve Bank and the government, Ahluwalia said, "Low inflation gives us a lot of room in (the) next six months to use all available instruments to ensure growth picks up."

posted under - indian economy updates, economy of india, MS Ahluwalia , economic crises updates, indian economy, economics of india

World Bank President predicts 2009 as "VERY DANGEROUS"

(World Economy Updates) - World Bank President Robert Zoellick warned on Saturday of the consequences of an expected steep decline in economic growth across the world this year.

"I think 2009 is going to be a very dangerous year," Zoellick told a conference in Brussels, citing World Bank forecasts of a spike in infant mortality associated with the economic crisis, and a fall-off in world trade.

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Zoellick proposed that the Group of 20 major and emerging economies -- whose leaders are due to meet in London next month -- establish a review process to see whether further stimulus measures would be needed to kickstart recovery.

posted under - world economy updates, recession news, economic crises updates, economy of world, 2009 predictions, economic crises of 2009

Wholesale Inflation at all time low of 0.44 percent

Inflation for the week ended March 7 fell to an all time low of 0.44%. The sharp fall in inflation was due to several factors including easing prices of food articles and fuel items along with a high base effect. Annual inflation as measured by Wholesale Price Index (WPI) was at 2.42% in the week before and at 7.78% in the corresponding week last year.

The inflation for food articles eased considerably to 7.34%. It had touched a 10-year high of 11.64% in the beginning of the year. Prices of food articles for the week ended March 7 touched the lowest since the beginning of the year.

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The sharp fall in annual inflation as measured by fuel index was due to fall in prices of jet fuel and electricity for agriculture each of which fell by 8%. The fuel prices are currently witnessing negative inflation to the range of 6% and are expected to dip further into negative territory.

The higher base effect along with low demand in the economy is expected to keep inflation in negative territory for 5 to 6 months." Inflation will turn negative starting from April and will remain so until the end of 2009," said Tushar Poddar, an economist with Goldman Sachs Inc. in Mumbai. "We expect the Reserve Bank to ease liquidity" to support growth. The International Monetary Fund (IMF) said this week India should rely more on monetary policy to support the economy as high public debt makes fiscal efforts difficult.

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Retail inflation as measured by the consumer price index for industrial workers has moved up to 10.45% in January, the highest since December 1998. The consumer-price index for farm workers increased 11.62% in January from a year earlier, following an 11.14% in December. The central bank said this month consumer prices will decline after a lag, without specifying a time frame.

The commerce ministry today revised the rate for the week to Jan. 10 to 5.46 percent from 5.60%.

posted under - inflation updates, indian economy blog, economy of india, indian inflation updates, march inflation updates, economic crises updates

Economy may grow 6.5-7 pc in next fiscal year - (09-10)

The economy may expand between 6.5 per cent and 7 per cent in the year to March 2010, as stimulus measures are expected to revive growth, a member of Planning Commission said on Wednesday. Abhijit Sen, however, said there was need for more fiscal and monetary steps to maintain growth momentum in Asia's third largest economy hit by global slump and sluggish domestic demand.

"We have done a worst-case calculation on the basis of no effect of the stimulus and what we know currently about the world economy. On that basis, the worst case scenario is about 5 per cent growth," he said after a business conference.

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But the stimulus packages already announced were expected to ratchet up growth rate by 1.5 to 2 percentage points over and above the minimum assessment, he said. "That would take the growth rate to 6.5 to 7 per cent." Earlier, the government estimated 2008/09 growth at 7.1 per cent, but analysts have raised doubts after December quarter data showed a lower-than-expected 5.3 per cent expansion and the global economic situation worsened.

May be this prediction might be lowered down in later half of 2009 as the condition doesn't seem to improve in near future. who know's??

posted under - Indian economy blog, indian economy updates, economy of india, economic crises updates

IMF to India - more monetary steps required for fighting slowdown

The IMF (International Monetary Fund) on Wednesday advised India to initiate more monetary steps to battle the country's slowing economic growth, which the international multilateral agency expects to moderate to 6.25 per cent in the current fiscal and fall further by one percentage point in 2009-10.

With inflation softening to a six-year low of 2.43 per cent, there is scope for further easing of monetary policy, the IMF said in its review of the economy following Article IV consultations with the Indian authorities.

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"A number of (IMF) directors saw scope for further monetary easing, in (the) light of the projected decline in inflationary pressures and the need to reinforce confidence and sustain bank credit," the review said.

The IMF expects average inflation to moderate to 2 per cent in 2009-10 from about 8.8 per cent in the current fiscal. Inflation has been coming down consistently after touching a peak of 12.91 per cent in August last year.

The gross domestic product (GDP) growth rate in the current fiscal has been projected at 6.25 per cent by the IMF, as against the government's forecast of 7.1 per cent.

The IMF expects the growth rate in the next fiscal (2009-10), beginning less than a fortnight from now, to fall to 5.25 per cent. As part of the annual exercise to review the economies of the member countries, the IMF's executive board had held consultations with the Indian authorities on February 6.

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While suggesting that India focus on monetary measures, the IMF cautioned that additional expenditure and more tax reliefs for fighting economic slowdown could raise public debt to unsustainable levels.

Noting that the key short-run policy objective should be to sustain liquidity and credit flows, the review said "monetary and structural policies will have to continue to carry most of the burden of adjustment".

And already the fiscal deficit of india has increased many times and government is still giving more sops to business houses and people just to get a WOW factor ahead of 15th general elections.

posted under - Economic crises updates, indian economy updates, economy of india, indian economy blog

Indian Exports fell by 1.6% in December 2008

Exports fell for the third straight month, posting a negative growth of 1.6 per cent in December 2008 as demand from key markets
continued to remain sluggish.

Revenue from exports during the month under review stood at 11.2 bn from 11.3 bn in the year ago period, an official said.

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Exports had fallen over 12 per cent in October, the first decline in five years, and dropped 9.9 per cent in November.

Steel, textile, gems and jewellery and handicrafts were an area of concern and were the worse hit as global demand for steel, textile fell due to ongoing crises in major market for indian exports - US.

posted under - Indian exports, indian economy updates, economy of india, economic crises updates, effect of crises on India, indian exports updates