Feb 7, 2024
Indeed Michael. GREAT ESSAY!!! The transitions from wood to coal and coal to oil, each took over 50 years, and the prices were heading in the right direction. Now we have price and financing headwinds and deniers. And a total shithead on his way to White House who wants to drill baby drill. What else could go wrong? Check out my latest missive (and pass it on): https://medium.com/@daneke/dispossession-by-derivatives-how-securities-became-less-secure-6dc7bb84bc34