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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (3965)11/12/2019 12:23:47 AM
From: elmatador  Respond to of 13801
 
How QE created the shale boom and Europe Climate Alarm is a response to it.

It is possible—even probable—that QE was only effective as a mechanism to accentuate the shale boom through the exchange rate.

Message 32412679

The shale success cannot be emulate by the EU. While the US becomes independent of the OPEC, EU wanted that too. But they do not have the heart to dig for shale.

This study shows EU has no stomach for shale

Shale Gas for Europe – Main Environmental and Social Considerations

The potential environmental externalities of current extraction technologies for shale gas are often viewed as the main threat to the future of the shale gas industry. The most important environmental concerns regarding shale gas production appear to be associated with water.


They are the following: 1) Large freshwater demand. Although the absolute pressure of shale gas extraction on total water resources may be modest, it could become severe in regions that are already experiencing water deficits.


This is particularly important for the EU, where water availability per capita is relatively low; 2) Contamination of freshwater, mostly by methane and fine particles; 3) Underground and surface pollution by hazardous chemicals, which are used as fracturing agents, and/or with heavy metals and radioactive elements mobilized by fracturing water; 4) Wastewater handling, treatment and disposal. The sustainable management of freshwater resources and wastewater streams requires an excellent knowledge of geology, prudent exploitation of shale gas deposits, full and complete disclosure of the chemical 5 components that are employed, cautious land-use planning, stringent building and operational standards, and strict governmental control over operational safety and security.


Apart from water, other potential environmental conflicts of industrial exploitation of shale gas include: 1) Visual landscape disturbance; 2) Impacts on biodiversity and natural conservation, particularly potential conflicts with Natura 2000; 3) Higher noise levels; 4) Worsened local air quality; and 5) Seismic concerns.

publications.jrc.ec.europa.eu

Putin was obviously very very happy with that EU stance.

The EU decided that their non-shale alternative was to stop using fossil fuels !

They decided to create plan to use their QE, not to get self sufficiency in petroleum, but stop suing it.

Thereby creating a whole non fossil fuels industry.

How can you do that? Tell that the world is collapsing because of fossil fuels use and kick start a new And there we have the whole climate alarm non-sense



To: Elroy Jetson who wrote (3965)11/12/2019 12:40:46 AM
From: elmatador  Read Replies (1) | Respond to of 13801
 
Armed with truck loads of Easy Money, the EU will finance all kinds of Green Projects.

Green Money: Reclaiming Quantitative Easing Money Creation for the Common Good
mollymep.org.uk

There were studies claiming that the Quantitative Easing was not green. And that would need to change

NEW STUDY CONFIRMS CLIMATE IMPACT OF QUANTITATIVE EASING
positivemoney.eu

While the US shale just plugs nicely into the existing economy and will give a huge leverage vis a vis the rest of the world, the Climate economy needs to re-engineer the whole world economy.

That because the climate narrative cannot be solely sold to the public a substitution of one source for another like swapping coal for wind and solar.

The EU idea with their climate alarmists would cause big demand destruction.

Not only demand for Russian oil and NG, but for everything

If the move from public transport would render the auto industry going extinct, the EU would needed a big industry to replace it.

Therefore the EU new non fossil fuel industry needed to be imposed onto the rest of the world.

If Africa has no electricity, it could not build build cheaper coal generation. It would need cheaper renewables.

The Climate Troops.

For the EU to persuade the world to embraced Climate industry, across the board, they would need to persuade the public to do their biding

To get free propaganda they resourced to persuade the youngsters who are always more pliable to new ideas and do not have the experience to contest what it is fed to them.

Voila! Brainwashing



To: Elroy Jetson who wrote (3965)11/13/2019 6:24:40 AM
From: elmatador  Respond to of 13801
 
Hong Kong Banks Tell Staff: Cancel Meetings, Watch Family, Be Safe

In a flurry of safety memos -- which have become a part of daily life at big banks in the Asian financial hub -- executives at a number of firms expressed a heightened level of caution heading into Wednesday after skirmishes repeatedly erupted in the streets during work hours this week, sometimes directly outside office doors.

The main challenge for many bankers and traders is simply getting to work, as protesters impede rush-hour traffic, closing subway stations and halting bus lines. Those who made it in have faced tear gas on streets at lunch and another challenge getting home.

ELMAT: Out thoughts and prayers are with TJ.


Hong Kong Banks Tell Staff: Cancel Meetings, Watch Family, Be Safe

By Lulu Yilun Chen Alfred Liu and Manuel Baigorri

November 13, 2019, 7:30 AM GMT+3 Updated on November 13, 2019, 2:19 PM GMT+3
Banks urge employees to take precautions as violence escalates

‘Managers should not hesitate to cancel’ meetings, BNP says



Hong Kong Commuters Face Third Day of Delays

Citigroup Inc. warned Hong Kong staff to avoid illegal gatherings after police grabbed one of its investment bankers off a sidewalk. As protests raged, firms across the city urged workers to consider staying home to ensure their families’ safety

On a conference call Wednesday, Citigroup told personnel to steer clear of escalating clashes between protesters and police, people familiar with the situation said, asking not to be named because the matter is private. One of its bankers is the person seen in a video that has circulated widely on social media, according to the people.

It shows a trio of officers surrounding a man in a covered walkway. He tries to break away, at one point grabbing and swinging one of their batons as they wrestle him to the ground. As officers pile onto the man, a voice -- possibly his -- can be heard shouting “Hong Kong people, resist!”

“We are aware of this incident and are investigating further,” said James Griffiths, a spokesman for the New York-based lender. “While investigations continue it would be inappropriate to comment further. We expect all our employees to abide by the law.”

In a flurry of safety memos -- which have become a part of daily life at big banks in the Asian financial hub -- executives at a number of firms expressed a heightened level of caution heading into Wednesday after skirmishes repeatedly erupted in the streets during work hours this week, sometimes directly outside office doors.

“Where meetings are already planned, managers should not hesitate to cancel and reschedule depending on the evolution of the situation,” BNP Paribas SA told employees. Standard Chartered Plc also advised staff to reschedule meetings and travel as appropriate, a Hong Kong-based spokeswoman said in an email.

At JPMorgan Chase & Co.’s main Hong Kong offices, where some of this weeks’ biggest clashes between pro-democracy protesters and police have taken place just steps away, employees were reminded to feel empowered to make arrangements “in circumstances that require flexibility (e.g. family needs, school closures, transport issues.)”

“I wanted to make sure that it was well understood given the circumstances,” Filippo Gori, the New York-based bank’s chief executive officer of Hong Kong operations, wrote in the memo. “Thank you for pulling together and supporting each other, and our clients, during what has been a difficult period in the city.”

Firms are trying to operate normally despite intensifying demonstrations since a student died Friday of injuries sustained near a protest. The main challenge for many bankers and traders is simply getting to work, as protesters impede rush-hour traffic, closing subway stations and halting bus lines. Those who made it in have faced tear gas on streets at lunch and another challenge getting home.

Then on Wednesday afternoon, the government announced for the first time that it would close public schools.

HSBC Holdings Plc encouraged employees to work remotely if possible and to stay in touch with managers -- a message echoed by others.

“All staff should exercise due care while commuting, remain vigilant of their surroundings and check travel plans before leaving for the office,” Deutsche Bank AG told employees in a text message.

— With assistance by Carol Zhong