AIA Free Weekly Email 8.6.24
Matthew Piepenburg | Economic Danger Ahead! Severe Warning Over the Current State Of The Economy!
In part 1 of this riveting interview, Matthew delves deep into the complexities of the global economy, offering a no-holds-barred analysis of the challenges ahead. From the cyclical nature of markets to the looming threat of a debt-fueled crisis, Matthew provides invaluable insights into the factors shaping our financial future. As political tensions escalate and the #banking sector grapples with unprecedented challenges, discover how these developments could reshape the global economic order. With a focus on the dollar's diminishing dominance and the rise of alternative currencies, Matthew offers a sobering assessment of the potential implications for individuals and investors alike.
Part 2 is here
How to make money in perfume vending machines
I have been following this guy for a while now, and he has some exciting stories about the various businesses he has had, both successful and unsuccessful. His main business is buying and improving RV parks. Cool podcast.
The wisdom of Charlie Munger
There is a great book entitled “Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger” full of Charlie Munger’s wisdom on investing and life in general. One of my favorites.
Global Power Demand Is Soaring, IEA Expects 4% Growth in ’24 & ‘25
Electricity is the world’s most important and fastest-growing form of energy. More proof for that assertion came a few days ago when the International Energy Agency released its “Electricity Mid-Year Update.” The Paris-based agency expects global power demand to grow by 4% this year. That’s the fastest growth since 2007.
The new electricity report — along with a new IEA report on coal, a July 24 article by Reuters saying that domestic wind energy production went AWOL last month, and a July 25 report from the Energy Information Administration saying that gas-fired generation in the U.S. hit a new record — shows that the global power sector will be relying on coal and natural gas for decades to come.
I am bullish on coal long term.
That’s it for this week. Thanks for subscribing.
To your investing success,
John Polomny
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