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Friday, July 15, 2022

An Accurate Praise Of Nuclear Power

 

Suicide by Monetary and Energy Policy
by Chris MacIntosh
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The war — and it is a war — between the Western-led economic, social and political system and that of the East becomes more visible weekly.

Doug Casey recently said it well:

"We’re now undergoing our own Great Cultural Revolution. It’s much more serious than what the Chinese attempted in the ’60s. Why? Because a whole complex of destructive ideas have now captured the apparatus of most governments, academia, media, entertainment, charities, and large corporations. The public has been both subtlety and overtly indoctrinated for generations. It’s not easy to reverse a trend this large."

It is not easy to reverse a trend, so instead we follow the trends and do our best to position for the best results we can. Today we’ll focus on the energy trend.

Let’s take a look at uranium.

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Next up, India.

India To Build Nuclear Power Plants In "Fleet Mode" From 2023

"New Delhi: With the first pour of concrete for a 700 MW atomic power plant in Karnataka’s Kaiga scheduled in 2023, India is set to put in motion construction activities for 10 ‘fleet mode’ nuclear reactors over the next three years."

It’s not just about economics or geography. At its base level, it’s about an entire economic, social, and political system.

Energy is everything. Always has been. You take any country that has managed to decrease poverty and raise living standards and at the core of this transition you’ll find energy. The reverse is also true.

Let us contrast this now with what we’re seeing in the world of the woke, where people with no experience in energy let alone business now make the decisions for both. These central planners have decided that "renewable energy," which doesn’t produce much energy and isn’t renewable, is the way to go and anyone that disagrees is a terrorist.

To contrast, for instance, nuclear power with that of solar, realize that nuclear power requires 18x fewer materials than solar. 18 times!

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Meanwhile…

Over in the US, Chevron CEO just came out informing us that due to the pointy shoes in DC’s "policy decisions" he can’t see that there will ever be another refinery built in the US.

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