“It is hard to imagine a more dangerous way of making decisions than by putting them in the hands of people who pay no price for being wrong.” — Thomas Sowell
The biggest mistake nations make is believing prosperity comes from finance.
Prosperity comes from energy, minerals, and production.
Without minerals, everything comes to a halt.
The world is realizing this now.
@NickHudsonCT Electric car manufacturers must be salivating. But look at the bright side...at least the greenies will soon understand that oil is not just fuel....it is the building block of our modern society... polymers, pharmaceuticals, paint, roads (Bitumen), etc.
@ProfTimNoakes How do you please someone that doesn't know what he wants and changes his mind all the time. Eventually he will ask for that which is not yours to give
@BuddyWells1 It was intentional... Remember PetroSA wanted to exercise the option to purchase Engen from Petronas in 2013-2015. Gordhan killed the deal by making the CPs unworkable. The same Gordhan that wanted to sell SAA for R51. Now the same Engen has been sold to Vivo Energy (Vitol)
@RobbieBranch14@CryptoNobler@Polarbear165 I don't think you understand what is happening.... you have you oil futures or/and physical petroleum products in storage outside the middle east...you are balling now. And NO...we are not taking payment in crypto.
@NickHudsonCT@simaxis Martin Kingston captured SA for the Rothschild clan way back... South African SOEs always seems to use Rothchild affiliates when issuing bonds. Does Blackrock, Carlye group, PIC still own the majority of Eskom debt?
@patrickbetdavid You are really an idiot. The graph doesn't even indicate the source of the data or how the data was collected. "Lies, damned lies and statistics"