
The Next Big Trade - Luke Gromen on Why It's Best to "Be Long Energy" Right Now
Real Vision: Finance & Investing
00:00
How to Make Essential Sectors as Small as Possible Compared to GDP
What you're really looking for is to make essential sectors as small as possible compared to GDP. And what we've found is it's great if you can get, grow all the food you need when it only accounts for 1% of your economy's resources. The same argument works for energy production. What you'd want, ideally, is for energy production to be 5% of GDP or 3% of GDP. Everything else, and we can all then devote ourselves to my particular vocation which is personal training.
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