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


To: Maurice Winn who wrote (7560)5/10/2021 1:37:08 PM
From: elmatador  Read Replies (1) | Respond to of 13784
 
Major business group calls for ending $300 federal bonus in unemployment checks, blaming it for weak April job gains

The economy added just 266,000 jobs last month, well below the 995,000 economists had forecast, according to their median estimate in a Bloomberg survey

https://finance.yahoo.com/news/major-business-group-calls-ending-174426292.html


Someone made the discovery that if people get money for nothing they will not go back to work.



But Biden and Kamala are gorging in popularity from the people getting money without having to work.



To: Maurice Winn who wrote (7560)5/13/2021 1:47:03 AM
From: elmatador  Respond to of 13784
 
Elon denies pumping and dumping BTC. TJ must not worry.




To: Maurice Winn who wrote (7560)6/16/2021 2:27:41 AM
From: elmatador1 Recommendation

Recommended By
Maple MAGA

  Read Replies (1) | Respond to of 13784
 
Aussies got pissed with the Chinese trade war.
Are Investing heavily abroad to give them a lesson.

Northeast Brazil have a head start:
- Enegix Energy to Build $5.4 Billion Green Hydrogen Facility in Brazil
- Port of Suape (PE), to receive US$ 3.8 billion in investment in a green hydrogen plant from Qair Brasil
- Fortescue Future Industries plots path for 300 MW green hydrogen plant in Brazil
The competition will be between Brazil's northeast and the whole western coast of Africa, from Morroco down to Western Cape.
The Australians want to change the geography of steel and iron!


Brazil has the geography advantage:
The area where the hydrogen projects as being planned has big renewables' potential, it is near US east coast, the Panama Canal, Europe and the Carajas iron ore is nearby.
Africa has to capitalize on theirs.

Fortescue Metals Group chairman Andrew Forrest said Fortescue’s green energy and green hydrogen projects in Africa were not confined to the DRC and included projects in Kenya and Ethiopia, with investors and financiers already indicating a willingness to commit more than $US100 billion.
afr.com

What is the change of Steel Geography?
Instead of shipping the ore to where the coal was, like the Ruhr area in Germany or the US-Canada Great Lakes or to where a industrial power raise. (Japan and China) Green steel will be produce steel where renewable energy is aplenty.



To: Maurice Winn who wrote (7560)6/16/2021 2:39:40 AM
From: elmatador  Respond to of 13784
 
While this is happening with green steel, hydrogen and renewables in Africa and Brazil:
Vale settles €2B with banks to get out of coal mining Mozambique

Vale will bring forward the settlement of a debt to banks of US$2.5 billion (€2 billion) related to investments in Mozambique to move ahead with the sale of its coal business in the country, the company said in a statement.

Mozambique: Vale settles €2B with banks to get out of coal mining
macaubusiness.com