
Galt
978 posts

Galt
@Sover3ign1
pro humanity | Mises, Rand, Deutsch | honey badgers 🦡



Nikita nuke from orbit


What is also in short supply is vision paired with a realistic plan. This grand renewable transition struggles to articulate something as basic as a bill of materials. We speak in targets and timelines, never in tonnes of copper, kilometres of transmission, transformers, or refining capacity. You tell people it takes 5-6 years to get a single transformer for a project and they don’t blink It resembles bakers without yeast, or plumbers without pipes. The copper mines coming online today were conceived around 2005. Large resource projects run on decades, not election cycles. The industrial base that must supply electrification, grids, batteries and transport requires the same time horizon. Our monetary system works against our goals . Central banking manages demand through interest rates, compressing capital precisely when long-cycle industrial investment is required. Mines, smelters, transmission networks and heavy manufacturing struggle to compete with financial assets that respond faster and with lower risk. At the same time, the culture that celebrates innovation directs much of its energy toward capturing attention rather than building physical systems. The result is a widening gap between what is promised and what can actually be constructed.




Prince with literally the greatest 'hold my beer' moment of all time. I'm out of words.


Good discussion with CEOs today in Davos. Europe has all the assets it needs to attract investment. From capital to innovation. We’re working on mobilising them fully. Soon, we’ll put forward a single set of rules for companies to scale and grow across Europe - EU Inc. Because we need European champions for a global market. We are also working on a large-scale, deep and liquid capital market that attracts a wide range of investors. An interconnected and affordable energy market. And we’re shifting our focus to the high value sectors - from AI to defence. My message is: Europe is the right place to invest.










