kaiser report time now to go to massachusetts and speak with gregory mcdonald is an oil analyst and energy sector investor with his own web site greg are you ask greg or welcome to the kaiser report it's great to be here max gregor you recently wrote a post hollow man of economics tell us about it who are the hollow man and why are they hollow the momentum economics are essentially the entire post-war economics establishment which since world war two has essentially ignored energy as a component of our economy no of course they paid some attention to that during the original opec shocks of the one nine hundred seventy s. but since that time max there's sort of been a common agreement among the post among the economic establishment of energy no longer plays a significant part of the u.s. economy and it's you can see for a might shard in the west and years. energy is a component of american g.d.p. absolutely soon upwards. early two thousand and two words two thousand and eight so . i think that you know that kind of describes least a little bit of what they're missing right south the
but he said our main problem is war all right gregory mcdonald thanks so much for being on the kaiser reports thank you max was great to be with you and that's going to do it for this edition of the kaiser report i want to thank my guests stacy herbert and gregor mcdonald if you want to send me an email please do at kaiser report at r t t v are you until next time this is nice guys are saying. listen. we're watching our team. headlines the international.
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