If It's Being Reported Today, Movers And Shakers In Washington, DC, Knew It Last Year; Change Agents Saw It Coming Three Years Ago -- September 3, 2018

Link here.

Everything runs on energy.

Many, many reasons for debt but going forward, the "debt gap" will widen, favoring those nations with energy to sell; debt will get worse for those countries that need to import energy.

China, Asia, and Africa will all be importing energy for the next 100 years.

Posted yesterday:

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Denmark

I never thought of Denmark as an exporter of oil so I was taken aback to read that Denmark has become a net importer of oil. That completely blew me away. 

This is a huge story; I don't think folks have caught on to this yet.

Going forward, global trade will become more free, less dependent on tariffs. There is no reason for tariffs on automobiles any more, for example. As free trade becomes "more free" the gap between energy-producing countries and energy-consuming countries will widen. Europe will become the only continent in the world to depend on imported energy. That's huge and that explains a lot of angst among the Europeans. They see the writing on the wall.

All things being equal -- i.e., truly "free" trade -- and the gap between the the US and the EU will continue to widen.

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Yes, Sir, I Can Boogie

Yes, Sir, I Can Boogie, Baccara