Quite interesting. But consider that hydrogen, either as a fuel for engines or used in fuel cells, is a negative sum operation. It takes at least as much energy as it's use provides to produce the gas, and then it requires even more energy to compress it. So except for hydrogen recovered from gas wells, it is not an energy efficient fuel overall. Effective and convenient and easy to store, certainly, but not overall efficient. So the applications are a bit limited.
REgarding the problems in China and the possibility of the domiino effect, I am reminded of that old saying "No man is an island", and I like the retort: "He is a peninsula". That is also the truth. Partly separated and even fairly different, but still attached. And the one HUGE difference between the US and China is that CHINA is a POLICE STATE. I say that not in judgement or to criticise, but rather to remind that it is different. There are Generals and Bosses, but there are no "Good Old Boys."
Inflation is almost always permanent. When was the last time that the actual cost of living, not that statistic, actually fell? It might have done it once, unless that was an illusion, (also possible.) So the "transitory" was only in reference to a spurt, a jump above the normal rate of inflation.
Indeed, China may act rather more responsibly, given that they have been known to include firing squads in the resolution of some misbehavior. That would certainly avoid repeat offenders in some financial areas. Or can they "responsibly" somehow avoid an ugly default scene? Possibly, but I would not guess at whatever they will do.
Unfortunately there are a lot of people around who can not consistently deliver any service worth even $15 in an hour. And yet they believe that they should be very well compensated. Those who believe that it is so important to build up self-esteem seem to forget that there needs to be abilities and skills to feel esteemed about. That goes along with the work ethic which I see has gone the same way as the ability to focus ones attebntion for more than a few seconds. THAT is another huge problem.
Really, it seems that it would make a lot of sense to allow ALL of the population, at least those who pay income taxes, to vote on the maximum allowable government debt, because ultimately that is who will pay it. (Although probably those caught when it must be payed are not born yet.) It does make sense to allow the public to see it(the debt) more clearly.
Who Knows? Possibly if more folks had a clear understanding of the size of that debt, there might be a push for a balanced budget. It has been balanced in the past, after all.
Given that all of the "truths" in this article do seem to be rather obvious, it is more than a bit of a puzzle as to why our government and the Federal Reserve bankers club all chose the path that they have been following. And what will be happening IF the monetary system really does fall apart?? Certainly $100 for a loaf of bread that is not available will lead to a bit of unpleasantness.
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Is This Green Stock Ready To Bloom?
Quite interesting. But consider that hydrogen, either as a fuel for engines or used in fuel cells, is a negative sum operation. It takes at least as much energy as it's use provides to produce the gas, and then it requires even more energy to compress it. So except for hydrogen recovered from gas wells, it is not an energy efficient fuel overall. Effective and convenient and easy to store, certainly, but not overall efficient. So the applications are a bit limited.
The Week Ahead In Biotech (Oct. 10-16): Avadel FDA Decision, Conference Presentations And IPOs Take Center Stage
Certainlysome excitement in the boimedical fields, it seems like a lot of good news.
Thanks for the article.
Oil Price Rally To Persist Amid Tepid Recovery In US Crude Output
I hold not one speck of sympathy for the oil companies nor their shareholders. Being gouged is always painful and always results in bleeding.
China's Gilded Age Is Over
REgarding the problems in China and the possibility of the domiino effect, I am reminded of that old saying "No man is an island", and I like the retort: "He is a peninsula". That is also the truth. Partly separated and even fairly different, but still attached. And the one HUGE difference between the US and China is that CHINA is a POLICE STATE. I say that not in judgement or to criticise, but rather to remind that it is different. There are Generals and Bosses, but there are no "Good Old Boys."
Inflation Finally Meets Wall Street’s Ears! Is Gold Next?
Inflation is almost always permanent. When was the last time that the actual cost of living, not that statistic, actually fell? It might have done it once, unless that was an illusion, (also possible.) So the "transitory" was only in reference to a spurt, a jump above the normal rate of inflation.
Being lied to is really no fun at all.
As US Stocks Stumble, SecState Blinken Suddenly Urges China To "Act Responsibly" On Evergrande
Indeed, China may act rather more responsibly, given that they have been known to include firing squads in the resolution of some misbehavior. That would certainly avoid repeat offenders in some financial areas. Or can they "responsibly" somehow avoid an ugly default scene? Possibly, but I would not guess at whatever they will do.
BofA Raises Minimum Wage To $21, Wage Push Inflation Will Kill Small Businesses
Unfortunately there are a lot of people around who can not consistently deliver any service worth even $15 in an hour. And yet they believe that they should be very well compensated. Those who believe that it is so important to build up self-esteem seem to forget that there needs to be abilities and skills to feel esteemed about. That goes along with the work ethic which I see has gone the same way as the ability to focus ones attebntion for more than a few seconds. THAT is another huge problem.
Markets Boosted
Really, it seems that it would make a lot of sense to allow ALL of the population, at least those who pay income taxes, to vote on the maximum allowable government debt, because ultimately that is who will pay it. (Although probably those caught when it must be payed are not born yet.) It does make sense to allow the public to see it(the debt) more clearly.
Who Knows? Possibly if more folks had a clear understanding of the size of that debt, there might be a push for a balanced budget. It has been balanced in the past, after all.
Friday Market Coverage
Interesting, as always!
The Funding Challenges Ahead
Given that all of the "truths" in this article do seem to be rather obvious, it is more than a bit of a puzzle as to why our government and the Federal Reserve bankers club all chose the path that they have been following. And what will be happening IF the monetary system really does fall apart?? Certainly $100 for a loaf of bread that is not available will lead to a bit of unpleasantness.