Gambling with borrowed money that one has no way to pay back does not seem to be a smart move, at least as I see it. An explanation as to why it is not really dumb would certainly be interesting to hear.
It is always interesting to see how the agreement on how much oil gets produced and how much is sold for what price is reached. The need for compromises being forced onto those who are used to getting their own way is sometimes amusing.
Let us hope that oil prices decline because we need some relief from this inflation. And it is here, biting us already. In the past month the prices of the foods that I eat have increased 3% to 5% and showno sign of stopping the rise. Many thanks to the fed. And the amazing part is that I am not presently able to magicley raise my income to match. I suspect tha many others are in the same condition.
Keep in mind that China IS a Police State, as all communist countries must be in order to stay communist. And the police state has lots of power, And understand also that power corrupts, and absolute power corrupts absolutely. That is both unfortunate and totally true.
Worse yet, the Police State government does not make many mistakes, and those that it does make, it has the power to force on people anyway. And even worse, that Police State has the skill and resources to win the war even without bullets. Stealth and deceit are far less damaging to valuable infrastructure than bombs and bullets. The future will certainly be "interesting."
Certainly China is, AND WILL REMAIN, a great EV market. The government there is able to mandate that path. And while the business model for battery exchange seems to work well, I still question that the recharging power will always be available. But since China does not run like the USA, it may be quite different. It is interesting that NIO does not talk about any computer driven cars that I am aware of. I believe that they possess some insight hidden from others.
All fuels from organic materials produce carbon oxides when they burn. This can be verified for you by any chemist. In addition, while making alcohol from bagasse, more energy is usually required than is made available. But at least it is not bidding up the price of food (corn). Fuel from food has done a lot of damage to the many populations that consume a lot of corn. Thus it is damaging to those who are not us.
"Risk Aversion" is probably a wise attitude when a clear and present risk is seen, especially if the stakes that would be risked are not small. Given that some of the driving forces are not at all predictable, while others are obvious, it becomes a question of "How Much Can One Afford To Lose?" relative to what are the possible gains.
Aside from that, the question of following the herd also comes to mind. Is that always a good choice???
Latest Comments
GBP/USD Weekly Forecast: Bulls Likely To Dominate Amid Hawkish BOE
Gambling with borrowed money that one has no way to pay back does not seem to be a smart move, at least as I see it. An explanation as to why it is not really dumb would certainly be interesting to hear.
An OPEC Surprise?
It is always interesting to see how the agreement on how much oil gets produced and how much is sold for what price is reached. The need for compromises being forced onto those who are used to getting their own way is sometimes amusing.
Into The Heart Of Fed Communication Darkness
Let us hope that oil prices decline because we need some relief from this inflation. And it is here, biting us already. In the past month the prices of the foods that I eat have increased 3% to 5% and showno sign of stopping the rise. Many thanks to the fed. And the amazing part is that I am not presently able to magicley raise my income to match. I suspect tha many others are in the same condition.
America's First Housing Bubble And The Panic Of 1819
Certainly this article presents a whole lot of history that is not mentioned in public schools nor even in many college level courses.
And the best part is that it tends to point towards a possible solution.
Thanks a huge amountfor ths article.
Ten Percent Correction Before Year-End Or Muted Drawdowns?
I really do not like video productions. Put the information in a text format.
AskSlim Market Week - Friday, July 16
J do not like video presentations at all. PUt the wordsof value into a text format and forget the show business.
Xi’s Big Mistake
Keep in mind that China IS a Police State, as all communist countries must be in order to stay communist. And the police state has lots of power, And understand also that power corrupts, and absolute power corrupts absolutely. That is both unfortunate and totally true.
Worse yet, the Police State government does not make many mistakes, and those that it does make, it has the power to force on people anyway. And even worse, that Police State has the skill and resources to win the war even without bullets. Stealth and deceit are far less damaging to valuable infrastructure than bombs and bullets. The future will certainly be "interesting."
Why I'm Recommending A $44 EV Stock Today
Certainly China is, AND WILL REMAIN, a great EV market. The government there is able to mandate that path. And while the business model for battery exchange seems to work well, I still question that the recharging power will always be available. But since China does not run like the USA, it may be quite different. It is interesting that NIO does not talk about any computer driven cars that I am aware of. I believe that they possess some insight hidden from others.
Weak Week
All fuels from organic materials produce carbon oxides when they burn. This can be verified for you by any chemist. In addition, while making alcohol from bagasse, more energy is usually required than is made available. But at least it is not bidding up the price of food (corn). Fuel from food has done a lot of damage to the many populations that consume a lot of corn. Thus it is damaging to those who are not us.
Risk Aversion Is Seeping Into The Narrative Once Again
"Risk Aversion" is probably a wise attitude when a clear and present risk is seen, especially if the stakes that would be risked are not small. Given that some of the driving forces are not at all predictable, while others are obvious, it becomes a question of "How Much Can One Afford To Lose?" relative to what are the possible gains.
Aside from that, the question of following the herd also comes to mind. Is that always a good choice???