Is there any twist left in the game?
Yes. The Govt of Kazakhstan and the World Bank launched a $377 million USD infra project.
The results this year are amazing:
• Water volume rebounded to 24.1 billion cubic meters.
• Northern surface area grew by 36% from its lowest point.
How did the 4th largest inland lake in 1960 lose 90% of its total area?
> Aral Sea: located between Kazakhstan and Uzbekistan
• Total area in 1960: 68,000 sq km
• Total area in 2014: 7,300 sq km
> In 1960, the Aral Sea supported a massive fishing industry.
(1/4)
> 1987: the Aral Sea split into the North Aral and South Aral due to dropping water levels.
> 2003: The South Aral Sea itself split into separate Eastern and Western lobes.
> 2014: The shallow Eastern lobe dried up entirely, leaving only the deep Western strip on the south side
While a stock investor needs a 40–60% gain to break even after a heavy drawdown during bear market.
A crypto investor needs a 40–60x just for the breakeven!
The Clarity Act passing is VERY important
Hopefully the Senate can get it done in September
The banks can’t stop the Clarity Act, and once it passes, it will be very bullish for Crypto!!
Morning thought: Every time I watch a World Cup football match, I ask myself: will I live to see the day when India is part of the spectacle, not just a spectator? Seventy-nine years after Independence, we are yet to play in a single World Cup in the ultimate global team sport (we almost did once in 1950). A billion dreams. One unanswered sporting question. (Not to forget a football association in this country that is trapped in politics and a fandom that is obsessed with just one sport). 🙏