And government leadership and policy coordination. These themes are the three pillars, if you will, of whats necessary to move forward with the development. The first two listed are in the Environmental Stewardship theme and the first is that industry and regulators should Work Together to analyze these new technologies for well control. The second speaks to Oil Spill Response in ice and there is an Industry Collaborative Research project thats been under way since 2012 that has been evaluating Response Technologies developed in temperate climates to see how they will perform in the arctic and we recommend that Government Agencies form that collaborative and there are eight International Companies participating. In the area of economic viability we make two recommendations and the first is around extending the drilling season. The picture at the left illustrates the challenge, currently the exploration drilling season is conducted in the winter or in the summer, excuse me, when the wat
Technology exploration now is to look at ways to bring electrooptical sensors into this architecture beyond that opir sensor, that Missile Warning sensor that kicks these things off. And were going to do that by capitalizing on the work thats being done in industry today. Both on sensors, as well as on building Unmanned Aerial Vehicles that fly at very high at attitudes. A High Altitude platform is also key to one of the other investments we want to make. So if we go back just a few years here, we made a big bet on airborne layser in the light 90s and early 2000s. And that system that we built, although it was very effective in doing that one particular job we had for it, which is proving that you could shoot down a rocket at the speed of light using light a tremendous accomplishment. Although, it proved impractical from an operational standpoint, you can imagine have a fleet of 737s flying at 33,000 feet with a laser system in them. There is a lot of challenges in that. What we know n
Ah ah, [000 00 00;00] with hello and welcome to cross stock were all things are considered. Im peter lavelle, probably the most important and impactful piece of political advice ever given was its the economy, stupid. Indeed, the economic and Financial Condition of any public transcends ideology. And it is ideology, neal liberalism, to be specific, that is driving the world into recession. Ah aah cross sucking the Global Economy. Im joined by my guess, Michael Hudson in new york. He is a professor of economics at the university, missouri, kansas city as well as author of forgive them their debts in north florida. We have tom longo. He is publisher of gold, goats and guns, blog and newsletter and in los angeles, we cross to buy in. He is a Strategic Planning consultant and private equity advisor and independent economic analyst. Hi gentlemen, cross our group and effect. That means you can jump anytime you want. I always appreciated. And this is certainly a blue ribbon panel. I act. Than
Hello and welcome to cross out. Were all things are considered. Im peter lavelle. Probably the most important and impactful piece of political advice ever given was its the economy, stupid, indeed to economic and Financial Condition of any public transcends ideology. And it is ideology, neal liberalism, to be specific, to this driving the world into recession. Ah, cross sucking the global economy. Im joined by my guess, Michael Hudson in new york. He is a professor of economics at the university, missouri, kansas city, as well as author of forgive them their debts in north florida. We have tom wango. He is publisher of gold, goats and guns, blog and newsletter. And in los angeles, we crossed to pi, ian. He is a Strategic Planning consultant, a private equity advisor and independent economic analyst. Hi gentlemen, crosshead rules and effect. That means you can jump anytime you want. I always appreciated, and this is certainly a blue ribbon panel. I act. Thank all 3 of you for joining me
As well as author of forgive them their debts in north florida. We have tom wango. He is publisher of gold, goats and guns, blog and newsletter and in los angeles, we cross to pi, ian. He is a Strategic Planning consultant, a private equity advisor and independent economic analyst. I gentlemen cross our girls in effect, that means you can jump anytime you want. I always appreciated and this is certainly a blue ribbon panel. I act. Thank all 3 of you for joining me today. Michael, let me go to you 1st year. There seems to be a growing consensus that there is a recession is coming particularly for the west, maybe for the entire Global Economy. What makes this recession different if it is different whatsoever . Because i think all of us would agree a lot of the bad Economic News that were experiencing, particularly in the west, again, is self inflicted. Michael . Well, when people talk about recession, they think of a business, they go up and down and then recovering. And this isnt a busi