I’ve taken a look at five corrections that have happened similar to this one since the financial crisis of 2008. These are quick “crashes” that have taken the market by surprise.
The push to power China with natural gas cut pollution levels in half. However, high demand for natural gas this winter caused massive shortages.
Tariffs give a country time to develop a capability or to protect a critical industry. However, China showed there could be a better way to fight a trade war.
The U.S. now has more than 550 megawatts of “virtual power plants” hooked up. And the next country ready to join the energy storage parade may surprise you.
Today we are reminded of an old story about taxpayers seeking haven. It comes from Saint Luke the Apostle, with a wish for a very Merry Christmas from all of us at The Sovereign Society.
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