Unfortunately, at the moment it is hard to build out more reliable energy infrastructure because the unreliable infrastructure is being heavily subsidized, which is artificially manipulating opportunity costs and pricing new reliable generation sources out of the market.
If you're looking to get smarter on global energy markets, this is the episode for you.
Let's hope this superconducter stuff is legit.
Embrace the prolonged bear market. It will be remembered as one of the greatest opportunities to convert your fiat to bitcoin that has ever existed.
Do not bend the knee. Ridicule the Maoists and do it with pride.
A lot of hard lessons were learned by people across the world in 2022.
Don't give in to their fear tactics.
Stop treating your neighbor as "the other".
While many of the talking heads out there would like you to believe that inflation is slowing down, all I can see are things developing that will only serve to make the problems we're experiencing significantly worse.
🇪🇺 #ENERGY MARGIN CALLS SEEN TOTALING AT LEAST $1.5 TRILLION - BBG
*European energy trading risks grinding to a halt unless governments extend liquidity to cover margin calls of at least $1.5 trillion, according to Norwegian energy company Equinor ASA.
— Christophe Barraud🛢🐳 (@C_Barraud) September 6, 2022
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This transition is going to prove to be tumultuous for many around the globe and some are just beginning to realize this.
The West is in the process of finding out that those who control the physical things are in a better position than those who control the dying monetary order.
Too many have forgotten how to act without the "leadership" of the unproductive class.