You just can't own enough Copper. Billionaire Robert Friedland sums it up perfectly..... You people have no idea whatsoever what we’re facing.
“We’re consuming 30m tonnes of copper a year. Only 4m tonnes of which is recycled. That means to maintain 3% GDP growth, with no electrification, we have to mine the same amount of copper in the next 18 years as we mined in the last 10,000 years, combined.
In the next 18 years, I’ve got to mine the same amount of copper as we mined the last 10,000 years. This is without any new electrification, without data centers, without solar and wind and the greening of the world economy. You people have no idea whatsoever what we’re facing.”
@wbmosler@SilentlySirs It’s all just data done by ‘professionals’ in these industries where everybody feels like they’re in a combination of wolf of wallstreet and American psycho movie, and all these economic indiciators are just to show off to other countries, meanwhile the people suffer
@SilentlySirs What does 'top economy' even mean?
Best healthcare?
Best public services?
Shortest work week/longest vacations?
Highest quality food, clothing, shelter?
Best entertainments?
🚨 BREAKING:
China just made it clear:
“We will soon dethrone the U.S. as the world’s top economy.” 🇨🇳📈🇺🇸
Beijing isn’t whispering anymore —
the age of American dominance is fading.
@JustinWolfers The real (inflation adjusted) Gov deficit evidences 'savings desires' of the non gov sector, which are the direct cause. It's a tautology.
Reagan promised tax cuts would pay for themselves. Blew out the deficit.
Bush promised tax cuts would pay for themselves. Blew out the deficit.
Trump promised tax cuts would pay for themselves. Blew out the deficit.
Fool me once, shame on me. Fool me four times...?
NBA and NFL should do business like European soccer,
where let’s say when C. Ronaldo left Man U to R Madrid in 2009, Man U received $100M (the most at that time).
It’s way better than asking *only* for draft picks and other players in exchange.
#NBAPlayoffs#okc#nba
@tailopez@tailopez, how are you? Hey I saw your “4 harsh truths for men that I wish I knew in my 20s video” and in min 18:36 you say you’ll give $1,000,000 to whoever finds a needle in your haystack, and I want to take you up on that bet. Let me know when we can coordinate this please.