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Bob Wallace

(549 posts)
7. "Wall Street"...
Tue Dec 27, 2011, 06:31 PM
Dec 2011

That's all about businesses large enough to get stuff done.

We're not going to replace fossil fuels with 'mom and pop' scale activity. It's going to take very large business whether we like large businesses or not.

Right now we're seeing a major shakeout in solar panel manufacturing. Those companies which cannot manufacture at lowest rate are failing and those who can produce for 'cheap' are going to grow into monster size. If the price of solar continues to fall as expected the manufacturing of solar panels is going to become a very major part of the world's economy over the next several decades.

Some of the stocks now traded on Wall Street will loose value because their companies will fail to keep up with the transition. Just as happened with very large corporations like Bethlehem Steel. BP failed to implement new panel technology they had in hand and ended up withdrawing from panel manufacturing.

New mega-corporations will rise. And their stocks will be traded.

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