“Solyndra was just the beginning, we’re going to see a lot of [solar] companies go bankrupt.” Of the few hundred or so solar panel makers worldwide, just 20 to 40 are expected to remain standing in a few years time. Why? Slack demand, oversupply, loss of gubbermint subsidies, things anyone with business experience would’ve predicted. Obama’s magical green economy turns brown…. unexpectedly!
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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