Adam, I am relatively young, and I have spent the last 20 years as an observer to people finding enjoyment in wasting their lives on social media and watching cat videos on TH-cam, never quite understanding what I was missing. Your channel is the only thing on the internet that makes me excited to click on hoping there is something new to watch and learn about (I give Ben Hunt and Rusty Ginn honorable mention). I am so grateful that you are doing this for us. Doomberg really put you over the top. I hope you take time to reflect and revel in some pride for your contributions to our lives.
What a great post. Consider, also: Uneducated economist, George Gammon, Reventure Consulting, China update, Martin North (DFA), Economic Ninja, Joe Bloggs. All great channels in a similar space.
@@PhoenixCrown YT is fine - we all need entertainment. As mentioned in the interview, watch The Social Dilemma if you have not yet seen it. My mother always told me, everything in moderation. I prefer abstinence in some cases.
I really love this channel and your guests Adam.I particularly liked your Lacey Hunt series.I believe the wisdom this man brings to the table is of immeasurable value.This is the economic wisdom and experience that policy makers should be tapping for the saving of America. I believe David Stockman would make a great guest for your channel.He is another wealth of knowledge we should be listening to.Special mention for Danielle Dimartino, she is a great guest.
Have to agree with Mr. Preston--when a bubble appears in an asset, such as gold, there is a high probability it will move to extreme levels that go well past any rational constraints. As far as energy, if we only dedicated HALF of the ridiculous amounts of money in the CARES Act to building lithium mines in California and Arizona, we would already be on our way to mitigating the crisis. Sadly, our 21st century Presidents are more concerned with their present image, as opposed to our future dilemmas.
The trucker's are not gonna quit and the American trucker's are gonna join in here soon. This thing is gonna blow sky high before it's over. People are simply fed up with these dirty politician's period. So it's gonna hurt but it's necessary. Something's got to spur change or we are gonna end up in another uncivil hot war in this country. The dirty politician's need put in there place end of discussion.
I believe Doombird is far too optimistic regarding our energy predicament. It's EROEI (energy return on energy invested) that matters and, unfortunately, our "tight" oil reserves will require more energy to extract in the future. Industrial civilization can only thrive on large amounts of "free energy". It would be great if Wealthion invited a guest on the program who understands the physics of our energy predicament. Also, Doombird seems to think that inflation is all about supply chain bottlenecks; it's the money supply that matters in the end.
IMHO, Doombird is a quite interesting propaganda device. He's cute and he tells the financial elites what they want to hear. We could create an enormous oil glut just by building a rail system and public transportation. But no new endeavors are allowed -- unless Wall Street gets its way, everything will collapse; and Wall Street will get its way in the end, so it will all be good in the end. This is total BS. I caught the reference to "austrian school" which explains it all.
We can't continue relying on fossil fuels for much longer. Global warming is a problem that is exogenous to the human/hydrocarbon energy economy, and therefore cannot be addressed in terms of what is most "economic". It's literally exogenous, because the energy we have been using to power development and growth was absorbed by plants and crustaceans over millions of years, only to be re-released in a very short amount of time through the burning of fossil fuels. The most "economic" solution to global warming is therefore not necessarily the most immediately economic one, rather it is the one that prevents runaway climate change. I would like to hear Doomberg explain why he discounts future costs from climate change so much in his "DCF" for the world economy. This is a kind of favoring efficiency over robustness no less than that of which he spoke in part one of this interview, the only difference is the timeframe.
One barrel of oil contains 6.12 Gigajoules of latent energy. Nuclear power aside, there is no substance on earth having the energy density of oil. This is why we use it and demand is growing. I like the point Adam makes that people try to decouple energy from the economy. This is misguided and there is a strong correlation between inexpensive energy and growth in the economy. Nuclear fusion is the energy of the future and will provide inexpensive abundant renewable energy. We are years and possibly decades away from the needed technological breakthroughs for this. We need a transition plan and oil/natural gas will need to be the focal point. Solar and wind power are not going to hack it.
Do you know much about nuclear fusion? I'm very curious about this because it largely sounds like a prayer, "fusion will save us from our dependency on fossil fuels AND it's green!" Sounds like cold fusion of yesteryear and a little too good to be true. Fusion is accomplished by mashing atoms together. This is easy to do at the center of a star b/c gravity is fucking insane there. All of the "records" they've been setting lately in the news are in the form of sustaining fusion for a longer period of time. Do you know how they accomplish this? By EXPENDING more energy to maintain a fusion reaction in a setting that is not natural (i.e. not the center of a star). There has yet to be a net-positive energy return on a fusion reaction I believe, and I haven't found anywhere the theory for how this will be accomplished, let alone a prototype or experimental success that suggests it's possible anywhere on Earth. I would LOVE to hear arguments for fusion, and I will immediately invest in a company with a good scientific model and business plan. It just seems to be science fiction to me... for now =)
@@PhoenixCrown - I am certainly not an expert on Fusion energy. No one really knows if we will have "the" breakthrough leading to an almost infinite supply of clean and renewable energy. However, I am sure if someone predicted in 1890 that we would soon have widespread use of electricity in our homes, that person would have been looked at with great skepticism. Well along came Nikola Tesla with his theories and mathematical genius and George Westinghouse with his practical inventive genius and resources to develop Alternating Current and all associate distribution systems. There may be a Nikola Tesla and George Westinghouse in the future for Fusion energy. Kind Regards.
@@PhoenixCrown So you think sustained unnatural fusion won't be possible in the future? Sustained nuclear fission is unnatural yet we do it continuously now. Once we couldn't fly but now it's routine. Also, highly unnatural. Come to think of it, most things humans do are unnatural but yet they occur with ease. The centre of the sun is at a density of 166 g/cm² and 16 million K. These conditions allow fusion to occur easily but do do not preclude other conditions like higher temperatures and pressures. We will crack this nut eventually. It could decades or even centuries but we'll get there.
Fusion requires atoms of tritium and deuterium (isotopes of hydrogen). Currently the only known way of getting large quantities of tritium, which is less common than deuterium, is by irradiating the no. 6 isotope of lithium (Li6), but Li6 is not super abundant and would soon be depleted IF we ever find a way to create sustained fusion reactions on earth, and then get the EROEI up to a level that will make it worth deploying as a practical energy source. The EV industry also needs lithium (regardless of isotope), so IF a commercially viable fusion reactor is ever developed, there may not be enough lithium remaining provide sufficient quantities of tritium to fuel it. Even assuming the latter two problems can actually be solved (our engineers and scientists have been trying to solve them since the 1950s), we will likely be in a severe energy crisis well before then. Deuterium can be extracted from the hydrogen in seawater (about 1 atom in 6700 of the hydrogen in seawater molecules, where it is of course bound with oxygen, will be a deuterium atom), but that is an energy intensive process, which brings us back to problems with the EROEI factor. And even after solving the practical problems, you still have to build a whole lot of power plants, which requires decades of time AND lots of surplus energy. And what about materials? Will they be as materials intensive as fission? (I am sure, but no one actually talks about it.) What will their working lifespan be and how much energy will be required to decommission them at the end of their working lives? Will the old materials (as is the case with fission plants) be too "hot" to reuse and thus get taken off the market at the end of the plant's useful life? Fusion also produces radioactive waste products which will have to be dealt with, just as fission plant waste must be dealt with. If we did manage to obtain enough fuel at a relatively high EROEI (but don't count on it), that waste could grow to very high levels. (Fission waste quantities are ultimately manageable because we will run out of U235 before the quantity of waste becomes too large to deal with.)
@@michaels4255 Wow thanks for all this, really cool stuff. My conclusion... why don't we just stick with fission b/c it's actually possible? I get there's the waste element, but it seems like any transition away from fossil fuels demands this source of energy unless the human population drops by 90% in short order.
While watching, I pause to parallel the green bird to the big bird of sesame Street. Different smart birds for different ages teaching us lots of useful learnings and lessons
if 100mill were to be placed into algae bio oil research, we would not need to pump oil from the ground, ever again. same with hemp oil, not to mention it would stop the government payouts to have farmers not use their land.
Right. The more guests Wealthion has featured on this platform, the more reasons I see for the split between Adam and Chris Martinson. Seems the bulk of Wealthions experts think that more unfettered capitalism will solve most problems where Martinson sees unfettered capitalism as a likely exacerbation of problems that lie ahead for us all.
Really liked Doomberg's investment philosophy of investing in fiat and saving in hard assets and private equity. This is something I would like to consider investing in for the long term. Is Doomberg open to private investors?
let this sink in: Nasif Nahle, PhD, of the University of Nuevo Leon in Mexico. While the John Cook blog SkepticalScience maintains that CO2 molecules function as a blanket for slow heat loss, the actual time-lapse involved proves otherwise. Nahle found the “mean free path” for a quantum wave to pass through the atmosphere before colliding with a CO2 Molecule is about 33 meters. Such a wide chasm between molecular collisions would appear to undermine a visualization of CO2 functioning like a blanket does. Even more saliently, Nahle determined that the rate at which CO2 molecules can retain heat at the surface may only last about 0.0001 of a second. If heat-loss is slowed down at a rate of 0.0001 of a second by CO2 molecules, the atmospheric CO2 concentration-whether it’s 300 PPM or 400 PPM-effectively doesn’t matter. The time-lapse differential would be immaterial for either concentration.
Adam, you're doing a great job with your videos. You come across as a level headed person who let's the guests share their thoughts without ever trying to lead them or the audience to your beliefs. Really enjoying watching these, and I am glad I found your channel.
Why can’t the energy companies come straight to investors for $$?. I’d invest $$,if interest rates were sufficient enough to increase my retirement income
15.00 Translation .. So he missed the run in TSLA... AAPL... and the energy stocks in the last 6 months. So why is this guy so smart again? Sure allocate a portion in gold, land , etc. 17.00 " Invest in private equity.". Terrible advice for the little guy. The sharks will milk you and dump you ... SPACs are made to rip off the un-wary.
i can handle the cartoon character ... although i find it childish... but why cant it speak in a normal voice.not some computer generated mush..other than this nonsense i really like this channel
The wealth part is pretty obvious. And an ion is a molecule with a different number of electrons than its periodic number. So its wealth with a charge? Charged wealth? Supercharged wealth? More likely, it just sounds cool, and the "wealth" part is relevant to their brand.
@@PhoenixCrown The fact that it is "vernacular" doesn't make it acceptable for use by people with pretensions of being well educated. I don't even understand why anyone makes this mistake in view of the fact that its abbreviation is 'etc.'
Is this like a private equity fund, so Sprott picks all the buys and you share in the fund's profits? Or is it more involved/hands-on choosing of private businesses?
The assertion that economy is connected to energy is entirely accurate. It is equally true that economy is connected to ecology. GDP correlates with energy consumption. GDP also correlates with atmospheric GHG. Entropy is the driving force of economy, because the economy is not efficient. The economy cannot function against nature, it is geophysically impossible to sustain. So glossing over the pertinent issue as “ESG mandates”, is disingenuous and a disservice anyone seeking complete knowledge.
![ILLSLICK - THE KING'S LANDING [Freestyle]](http://i.ytimg.com/vi/feIJJnNkTfk/mqdefault.jpg)
GET DOOMBERG FOR FREE at doomberg.substack.com/
Great SHARING DOOMBERG!
Adam, I am relatively young, and I have spent the last 20 years as an observer to people finding enjoyment in wasting their lives on social media and watching cat videos on TH-cam, never quite understanding what I was missing. Your channel is the only thing on the internet that makes me excited to click on hoping there is something new to watch and learn about (I give Ben Hunt and Rusty Ginn honorable mention). I am so grateful that you are doing this for us. Doomberg really put you over the top. I hope you take time to reflect and revel in some pride for your contributions to our lives.
What he/she said ⬆️👍👍
Good for you! I waste too much time... Need to delete FB and discipline my YT better =/
What a great post. Consider, also: Uneducated economist, George Gammon, Reventure Consulting, China update, Martin North (DFA), Economic Ninja, Joe Bloggs. All great channels in a similar space.
@@davisutton1 Thanks! :)
@@PhoenixCrown YT is fine - we all need entertainment. As mentioned in the interview, watch The Social Dilemma if you have not yet seen it. My mother always told me, everything in moderation. I prefer abstinence in some cases.
What an intelligent conversation. I might call it intimidating if not for the graciousness and humility. Thanks Adam, and Doomberg!
Great interview!!
Thank you guys!
I like how John & Mike are not distracted by the messenger (a green chicken!) and jump right into the meat & potatoes!
I really love this channel and your guests Adam.I particularly liked your Lacey Hunt series.I believe the wisdom this man brings to the table is of immeasurable value.This is the economic wisdom and experience that policy makers should be tapping for the saving of America.
I believe David Stockman would make a great guest for your channel.He is another wealth of knowledge we should be listening to.Special mention for Danielle Dimartino, she is a great guest.
Have to agree with Mr. Preston--when a bubble appears in an asset, such as gold, there is a high probability it will move to extreme levels that go well past any rational constraints. As far as energy, if we only dedicated HALF of the ridiculous amounts of money in the CARES Act to building lithium mines in California and Arizona, we would already be on our way to mitigating the crisis. Sadly, our 21st century Presidents are more concerned with their present image, as opposed to our future dilemmas.
The trucker's are not gonna quit and the American trucker's are gonna join in here soon. This thing is gonna blow sky high before it's over. People are simply fed up with these dirty politician's period. So it's gonna hurt but it's necessary. Something's got to spur change or we are gonna end up in another uncivil hot war in this country. The dirty politician's need put in there place end of discussion.
Why not target politicians?
👍👍👍👏👏👏Great interview with the Chicken 🐓 the other guys where excellent to…
I believe Doombird is far too optimistic regarding our energy predicament. It's EROEI (energy return on energy invested) that matters and, unfortunately, our "tight" oil reserves will require more energy to extract in the future. Industrial civilization can only thrive on large amounts of "free energy". It would be great if Wealthion invited a guest on the program who understands the physics of our energy predicament. Also, Doombird seems to think that inflation is all about supply chain bottlenecks; it's the money supply that matters in the end.
try some Jeff snider
James Howard Kunstler!
IMHO, Doombird is a quite interesting propaganda device. He's cute and he tells the financial elites what they want to hear. We could create an enormous oil glut just by building a rail system and public transportation. But no new endeavors are allowed -- unless Wall Street gets its way, everything will collapse; and Wall Street will get its way in the end, so it will all be good in the end. This is total BS. I caught the reference to "austrian school" which explains it all.
@@kevinmccormick7671
Yes. Why are they pushing EV? Just more congestion. Light rail and BRT is the answer!
@@kevinmccormick7671 I prefer SRS Rocco aka Steve St Angelo. EROI is dealt with in pretty much every article.
Thanks!
Thanks Adam 🙏.
Thanks Adam and Doom
Interesting.
We can't continue relying on fossil fuels for much longer. Global warming is a problem that is exogenous to the human/hydrocarbon energy economy, and therefore cannot be addressed in terms of what is most "economic". It's literally exogenous, because the energy we have been using to power development and growth was absorbed by plants and crustaceans over millions of years, only to be re-released in a very short amount of time through the burning of fossil fuels. The most "economic" solution to global warming is therefore not necessarily the most immediately economic one, rather it is the one that prevents runaway climate change. I would like to hear Doomberg explain why he discounts future costs from climate change so much in his "DCF" for the world economy. This is a kind of favoring efficiency over robustness no less than that of which he spoke in part one of this interview, the only difference is the timeframe.
Here’s the thing this was over 2008 we’re on life support monopoly game that ends bad
LOVE Wealthion! Just can't watch a cartoon character. Weird .....
yeah that just bugs...like do we really have to become so childish...yikes
@@marsmotion ..couldnt agree more.. are we 6 years old.. nonsense.. just at least talk in a
normal voice
One barrel of oil contains 6.12 Gigajoules of latent energy. Nuclear power aside, there is no substance on earth having the energy density of oil. This is why we use it and demand is growing. I like the point Adam makes that people try to decouple energy from the economy. This is misguided and there is a strong correlation between inexpensive energy and growth in the economy. Nuclear fusion is the energy of the future and will provide inexpensive abundant renewable energy. We are years and possibly decades away from the needed technological breakthroughs for this. We need a transition plan and oil/natural gas will need to be the focal point. Solar and wind power are not going to hack it.
Do you know much about nuclear fusion? I'm very curious about this because it largely sounds like a prayer, "fusion will save us from our dependency on fossil fuels AND it's green!" Sounds like cold fusion of yesteryear and a little too good to be true.
Fusion is accomplished by mashing atoms together. This is easy to do at the center of a star b/c gravity is fucking insane there. All of the "records" they've been setting lately in the news are in the form of sustaining fusion for a longer period of time. Do you know how they accomplish this? By EXPENDING more energy to maintain a fusion reaction in a setting that is not natural (i.e. not the center of a star). There has yet to be a net-positive energy return on a fusion reaction I believe, and I haven't found anywhere the theory for how this will be accomplished, let alone a prototype or experimental success that suggests it's possible anywhere on Earth.
I would LOVE to hear arguments for fusion, and I will immediately invest in a company with a good scientific model and business plan. It just seems to be science fiction to me... for now =)
@@PhoenixCrown - I am certainly not an expert on Fusion energy. No one really knows if we will have "the" breakthrough leading to an almost infinite supply of clean and renewable energy. However, I am sure if someone predicted in 1890 that we would soon have widespread use of electricity in our homes, that person would have been looked at with great skepticism. Well along came Nikola Tesla with his theories and mathematical genius and George Westinghouse with his practical inventive genius and resources to develop Alternating Current and all associate distribution systems. There may be a Nikola Tesla and George Westinghouse in the future for Fusion energy. Kind Regards.
@@PhoenixCrown So you think sustained unnatural fusion won't be possible in the future? Sustained nuclear fission is unnatural yet we do it continuously now. Once we couldn't fly but now it's routine. Also, highly unnatural. Come to think of it, most things humans do are unnatural but yet they occur with ease. The centre of the sun is at a density of 166 g/cm² and 16 million K. These conditions allow fusion to occur easily but do do not preclude other conditions like higher temperatures and pressures. We will crack this nut eventually. It could decades or even centuries but we'll get there.
Fusion requires atoms of tritium and deuterium (isotopes of hydrogen). Currently the only known way of getting large quantities of tritium, which is less common than deuterium, is by irradiating the no. 6 isotope of lithium (Li6), but Li6 is not super abundant and would soon be depleted IF we ever find a way to create sustained fusion reactions on earth, and then get the EROEI up to a level that will make it worth deploying as a practical energy source. The EV industry also needs lithium (regardless of isotope), so IF a commercially viable fusion reactor is ever developed, there may not be enough lithium remaining provide sufficient quantities of tritium to fuel it. Even assuming the latter two problems can actually be solved (our engineers and scientists have been trying to solve them since the 1950s), we will likely be in a severe energy crisis well before then.
Deuterium can be extracted from the hydrogen in seawater (about 1 atom in 6700 of the hydrogen in seawater molecules, where it is of course bound with oxygen, will be a deuterium atom), but that is an energy intensive process, which brings us back to problems with the EROEI factor.
And even after solving the practical problems, you still have to build a whole lot of power plants, which requires decades of time AND lots of surplus energy. And what about materials? Will they be as materials intensive as fission? (I am sure, but no one actually talks about it.) What will their working lifespan be and how much energy will be required to decommission them at the end of their working lives? Will the old materials (as is the case with fission plants) be too "hot" to reuse and thus get taken off the market at the end of the plant's useful life? Fusion also produces radioactive waste products which will have to be dealt with, just as fission plant waste must be dealt with. If we did manage to obtain enough fuel at a relatively high EROEI (but don't count on it), that waste could grow to very high levels. (Fission waste quantities are ultimately manageable because we will run out of U235 before the quantity of waste becomes too large to deal with.)
@@michaels4255 Wow thanks for all this, really cool stuff.
My conclusion... why don't we just stick with fission b/c it's actually possible? I get there's the waste element, but it seems like any transition away from fossil fuels demands this source of energy unless the human population drops by 90% in short order.
Trucker problems: an other reason for expediting the driver-less truck technology
Great!!!
While watching, I pause to parallel the green bird to the big bird of sesame Street. Different smart birds for different ages teaching us lots of useful learnings and lessons
I love it. I first heard him with Grant Williams. Doomberg should starting subscribers my humble opinion.
This chicken is like the Jonny Bravo of chickens man, smart ya boot. Gotta have em back on in future.
if 100mill were to be placed into algae bio oil research, we would not need to pump oil from the ground, ever again. same with hemp oil, not to mention it would stop the government payouts to have farmers not use their land.
Disappointed that Doomberg discussed energy policy, criticised ESG and claimed long term optimism, without once mentioning climate change.
Right. The more guests Wealthion has featured on this platform, the more reasons I see for the split between Adam and Chris Martinson.
Seems the bulk of Wealthions experts think that more unfettered capitalism will solve most problems where Martinson sees unfettered capitalism as a likely exacerbation of problems that lie ahead for us all.
Really liked Doomberg's investment philosophy of investing in fiat and saving in hard assets and private equity. This is something I would like to consider investing in for the long term. Is Doomberg open to private investors?
That chicken sounds a lot like Max Keiser.
A chicken being interviewed on a financial podcast is a sure sign rapture is close.
LOL!
let this sink in:
Nasif Nahle, PhD, of the University of Nuevo Leon in Mexico. While the John Cook
blog SkepticalScience maintains that CO2 molecules function as a blanket for slow heat loss, the actual
time-lapse involved proves otherwise. Nahle found the “mean free path” for a quantum wave to pass
through the atmosphere before colliding with a CO2 Molecule is about 33 meters. Such a wide chasm
between molecular collisions would appear to undermine a visualization of CO2 functioning like a
blanket does. Even more saliently, Nahle determined that the rate at which CO2 molecules can retain
heat at the surface may only last about 0.0001 of a second. If heat-loss is slowed down at a rate of
0.0001 of a second by CO2 molecules, the atmospheric CO2 concentration-whether it’s 300 PPM or
400 PPM-effectively doesn’t matter. The time-lapse differential would be immaterial for either
concentration.
Uh wha?
Sort of tough to listen to with the voice changer thing. Why do they use that?
Sad state of affairs that would be dictators have created. It can not be business as usual until the people have their basic human rights returned.
Adam, you're doing a great job with your videos. You come across as a level headed person who let's the guests share their thoughts without ever trying to lead them or the audience to your beliefs. Really enjoying watching these, and I am glad I found your channel.
What do these predictions mean for Houston?
I'm not too crazy about the dubbed voice. Sorry I couldn't listen to the end of either part. Just not my thing.
sadly his techno-optimism will be the flaw in his logic
My thoughts exactly!
Yea the next wave will be back to cold fusion. Science fiction baby.
Why can’t the energy companies come straight to investors for $$?. I’d invest $$,if interest rates were sufficient enough to increase my retirement income
How can anyone doubt the substance of the views of a green chicken?
15.00 Translation .. So he missed the run in TSLA... AAPL...
and the energy stocks in the last 6 months.
So why is this guy so smart again?
Sure allocate a portion in gold, land , etc.
17.00 " Invest in private equity.". Terrible advice for the little guy.
The sharks will milk you and dump you ... SPACs are made to rip off the un-wary.
i can handle the cartoon character ... although i find it childish... but why cant it speak in a normal
voice.not some computer generated mush..other than this nonsense i really like this channel
The chicken is weird. I would prefer to Art Berman. Speak on energy, entropy and infrastructure. I do not want to look at a beak .
Why is this channel called Wealthion? What does Wealthion mean?
The wealth part is pretty obvious. And an ion is a molecule with a different number of electrons than its periodic number. So its wealth with a charge? Charged wealth? Supercharged wealth?
More likely, it just sounds cool, and the "wealth" part is relevant to their brand.
I absolutely love this little green chicken. If I was a chick I would make eggs with him. 😊
It's et cetera, not eksetera. Et cetera means "and the rest" in Latin.
This has long been vernacular though. Mostly, I hear people say Ehk-SET-ra. Maybe Doomberg should use eggsetra =P
@@PhoenixCrown The fact that it is "vernacular" doesn't make it acceptable for use by people with pretensions of being well educated. I don't even understand why anyone makes this mistake in view of the fact that its abbreviation is 'etc.'
👍🏼
With $50k you can open a private placement account with sprott just saying if people don't know that
What is private placement
Is this like a private equity fund, so Sprott picks all the buys and you share in the fund's profits? Or is it more involved/hands-on choosing of private businesses?
Are there funds that do not support esg nonsense?
Good discussion, but the chicken cartoon and voice was farsical. It's not funny.
Agreed childish and weird. The voice was super annoying to listen to
For some reason he wants to be anon.
Hope this 2-part video format is working for you, but for me it causes me to watch at most half as often.
Sorry, I can't watch this without feeling how silly it is, watching a caricature of a chicken discussing serious issues. Is this what we've come to?
dont watch.. bye
I can’t take a green chicken giving me financial education seriously. It’s just weird! Stopped watching after 3 seconds…
why tell us... bye bye
We need nuclear power. Alot. Bad. Quickly
Call me a bird brain, but I just don't think interviewing a low-tech animated bird is a lasting business model for macro financial advice.
The assertion that economy is connected to energy is entirely accurate. It is equally true that economy is connected to ecology. GDP correlates with energy consumption. GDP also correlates with atmospheric GHG. Entropy is the driving force of economy, because the economy is not efficient. The economy cannot function against nature, it is geophysically impossible to sustain. So glossing over the pertinent issue as “ESG mandates”, is disingenuous and a disservice anyone seeking complete knowledge.
Agreed 👏
Charts would be nice.. This interview makes no sense.
46th
You sound bullish on smokestacks and tailpipes, while giving the thereby accelerated physics of carbon the ostrich treatment.
This is a gimmick