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“What makes for a successful economy? While the question has long been the subject of deep academic study, we have an admittedly simplistic view: its energy and banking industries. History and observation teach us ready access to cheap, abundant energy and a vibrant, properly incentivized banking sector are an infallible combination.”

https://doomberg.substack.com/p/regional-fallout?publication_id=343139&isFreemail=true

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halalmoney 2y ago

“Despite the best efforts of its coastal elites, the US has not yet committed national energy suicide like the Germans. Quite the opposite. With a bounty of fossil fuels and the technological prowess to develop them, the US has reclaimed the title of preeminent global energy superpower.”