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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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DinoNavarre
Winfastorlose
To: Snowshoe who wrote (10683)3/21/2023 11:20:36 AM
From: elmatador2 Recommendations  Read Replies (1) of 13784
 
Capital Hogging:

Basically, today, these $100 trillions' world economy are crushing these countries by the sheer weight of money.

see Dino's capital hogging graphic
Message 34231111

There was absolutely no reason for this capital to be concentrated in Europe. But Europeans had a plan to keep hogging the capital here. They created the climate change story which led to misallocating capital in a gigantic scale.

And of course, keep it circulating inside Europe. Case in point, dismantling perfect operating nuclear power plants to build solar power plants in countries as cloudy as Alaska. And build wind power plants inside the water because they do not have land available to deploy them.

Meanwhile no capital for the countries where that have a deficit of electricity. Artificially created mechanism to avoid capital investments: ESG to managing risks and opportunities related to environmental, social, and governance criteria. Criteria is slanted against the countries that need capital.

Now ask me: Do you have sympathy for these banks falling like flies?

No.
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