Monday, 8 December 2008

You are going to be seeing a lot of these

Not only from finance vehicles out of gas, but also from energy companies out of cash.

It's going to get a lot more uglier, before it gets better. Funnily enough neither industry's downfall - as deserved as it may be - is good for our energy infrastructure investments, which are being postponed left and write as this is being written.

If we ever come out of this slump swinging and with gusto, expect an energy crunch like no other (yes, including the 70s).