Our government has the power to veto particular businesses from entering industries they deem essential to Australia’s success. We just don’t have the control and social surveillance to the extent of China.
There are no individuals in a place like China. Only the collective. This is why places like China need public blockchains: decentralised ways to keep records that are outside of the government’s control.
Since the beginning of 2018, Chinese stocks have lost over 30% of their value. So what does China plan to do to increase spending and the economy as the boom finally comes to a close?
Climate change may be a long-term threat, but it’s not so big a threat that our global technocratic masters are demanding that China move faster to get their emissions under control.
Of course, there are multiple reasons why Chinese stocks — and stocks globally — are falling. But many of these losses are temporary. We’ll eventually look back at the trade war between the US and China in the same way; a disturbance that created opportunities.
The general rule is high interest rates slow an economy and low interest rates speed it up. China’s priority is the latter. They want to grow and keep growing at rates like 6.5%.
The Paris Agreement also asks developed countries to contribute to a fund to help developing nations with climate change. The fund is meant to raise an astounding $100 billion a year, but that doesn’t seem likely.
Iron ore prices have remained quiet over the weekend, with iron ore spot and futures markets recording minor movements across the board last Friday. As reported by Metal Bulletin, the iron ore spot price for benchmark 62% fines slipped to $69.13 a tonne, which is a decline of 0.1%...
This month the price of uranium reached US$27.30 a pound. Historically speaking, uranium prices have proved fickle, from its peak to trough range of US$143 May 2007 to US$7.10 in December 2000 respectively.The spot price of uranium remained relatively volatile throughout this year.
Again, US-China trade tensions are all over the headlines. Now as you’re probably aware, tariffs are no good for anyone.