Wednesday, September 21, 2022
Cleanup..
Diviseve..
Tuesday, September 20, 2022
De-Flation..
CEO of electric vehicle maker Tesla (TSLA) has been repeating for the past few days his fears about what awaits the economy as the Federal Reserve prepares to raise interest rates again in the hope of countering the inflation at its highest in 40 years.
The central bank is holding a two-day monetary meeting on Sept. 20-21. At the end of this meeting, economists, expect the institution to raise its rates by at least 75 basis points, or 0.75% in view of the latest figures which show that the rise in the price of goods and services is far from calming down
The tech tycoon believes that a jumbo rate hike of 0.75% by the Fed is likely to trigger the equally worrisome scenario of deflation.
"A major Fed rate hike risks deflation," the billionaire warned on Sept. 9.
EV..
Electric cars require more energy to produce than conventional cars because of the lithium-ion batteries, but even after taking battery manufacture into account, electric vehicles are still a greener option than petrol or diesel cars, because of the reduction in emissions over the lifetime of the car. So it is a matter of Size, Cost and Time.
Monday, September 19, 2022
Gifts..
The Democrats talking ..We are Sanctuary Cities and States, we welcome the migrants.
Gifts to all... The Migrants are coming... The Migrants are coming.Fools..
Europe can thank the Democrats and the Biden administration for their war against crushing the US energy industry that led to massive divestments across the sector, which crippled oil production growth and refining capacity, and pressured/shamed the world into withdrawing any capital allocations to fossil fuels.
Ben Dell, chief executive of private equity group Kimmeridge Energy, said the shale industry’s investors on Wall Street would not give their blessing to a big production increase, preferring a low-production, high-profit model.
Rig counts in the US have started to fall and production has flatlined well below pre-pandemic levels. (Market flactuation)
On top of the Democrat-led crippling of the US energy industry, EU leaders have been on an ESG-crazed mission to decarbonize their power grids with renewable (now finding out -- not so reliable) energy and are frantically bringing back crude oil, coal, and natural gas power generators ahead of the cold season. Some EU countries are even extending the life of nuclear power plants.
You reap what you sow in higher gas prices, and inflation. Just a thought.
Sunday, September 18, 2022
Spending..
This White House's various foolish decisions, such as Spending, Sanctions on Russia which drove the gas prices so high, attitude, talks, and action against US oil companies, didn't help USA, Europe, nor the people of both worlds.