Sep 18 2010

“The Greatest Era in the History of Mankind”

Despite continuing bad news about the economy — e.g. the U.S. poverty rate increased over 1% from the previous year to 14.3% in 2009, the highest since 1994 (near the long wave trough) — there are many reasons to expect a major economic boom by 2015; see “State of the Wave: Today’s Gloom & Doom, and the 2015 Boom.”

Many energy-intensive desalination plants like this one, producing 800 million gallons of pure water per day — currently the world’s largest on Saudi Arabia’s Persian Gulf Coast — could someday use microwave beams supplied by space based solar power satellites to solve the world’s future water challenges.
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Veteran expert on corporate real estate and economic development, McKinley Conway, sees the approach of the greatest boom ever,

A period of unprecedented global development lies just ahead. It will energize world economies and provide new hopes and opportunities for people of many nations. The great new era will start in the 2010-2020 decade and build to a peak by 2050.

Conway’s unique asset is his company’s database of new plant reports that has been maintained since 1954 and serves “as a vital link around the world between Corporate Facility Planners and Area Developers and Service Providers.” By providing a realistic assessment of the nation’s fastest growing firms, Conway found a multi-decade picture of consistent growth; “growth that continued despite wars, natural disasters, recessions, and depressions … a measure of the true strength of our economic system and its future.” This is due to the geographic and functional diversity of thousands of new plants started every year.

For example, as fresh water sources become inadequate, the future world will have to depend on massive seawater desalination plants. Currently, over 13,000 desalination plants produce more than 12 billion gallons of water a day around the world. “Selling water will become the world’s biggest business,” according to Conway.

As the world moves away from fossil fuels, alternate energy sources will be developed including nuclear, solar, and “new systems yet to be developed.” It’s clear that increasing industrial activities and quality-of-life issues around the globe will benefit from clean, space based solar power and other growth technologies. And due to global television and the internet, even “those who live in the Third World are well aware of what they are missing.” This includes the “underlying desire of all people to be self-governing.”

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