Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
supposedly boring sectors like energy and infrasturcture.

I can't imagine more exciting sectors. I must be a total nerd. :)

While you hear about the liquidity bubble now and then, I had no idea about it going into energy and infrastructure. If there is one sector that has been subject to systematic underinvestment during the last 20 years it's these sectors.

Or am I wrong?

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Thu Nov 30th, 2006 at 07:41:11 AM EST
I guess it depends on whether this is investment or just "investment".

The bit about

private equity's three to five-year investment horizons

Seems to imply that the buyers are just looking to flip their asset at the point of maximum return.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt št gmail dotcom) on Thu Nov 30th, 2006 at 08:06:56 AM EST
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