duke voltz
@DukeVoltz
Specialty Industrial Metal Sales, Amateur Value Investor, Rigorous Pursuit of Understanding
Eu contraire. They don’t lack the tools to boost consumption, Beijing sets policy by dictate. They lack the will. It would disrupt the entire business model.
🇨🇳🇺🇸China Weighs New Made-in-China Plan Despite US Rebalancing Calls: Sources China is developing a new high-tech manufacturing plan despite US calls for economic rebalancing, according to sources familiar with the deliberations. Officials are crafting a successor to Xi Jinping's…
Xi Jinping has published an article in Rossiyskaya Gazeta under the evocative title “Lessons of the Past for the Sake of the Future” during his official visit to Russia. A few interesting paragraphs with direct translation: „The friendship forged in the blood of the two…
MMT separates govt spending capacity from taxation in their arguments The only reason govts have spending capacity is from their tax authority and the credibility it gives the currency The argument that imports create wealth and exports are bad is sheer insanity #MMT @wbmosler
I have one or two gripes with #MMT - modern monetary theory - regarding issues such as imports/exports, the nature of state-funded jobs and the power of the global markets. However, when it stays in its lane, its description of how the current fiat money system works is…
More relevant than ever, as politicians increasingly exploit incomplete & ever-evolving ‘science’ to claim absolute certainty—rather than encouraging healthy skepticism and debate—in order to consolidate power over individuals, whether it’s through COVID policies, climate change…
There are mainly two kinds of dangerous in our society, Carl Sagan nailed it long ago...
How China’s power as a rare earth exporter – made from Chinese patience allied to US offshoring – and China’s needs as a rare earth importer – made from Made in China 2025 – have changed the world.
‘If the damage China can cause as an exporter are now as clear as crystal, the significance of China’s own need for rare earths is still under-rated.’ @HelenHet20 on Xi’s plan to dominate the world’s rare earth elements 👇 buff.ly/wNvXxNW
For decades, American companies saw China as the ultimate prize. But fundamentally, they appear to have misunderstood the transaction. They thought they were hiring a contractor; Beijing knew it was running an apprenticeship. wsjchina.cmail20.com/t/d-e-surjhdy-…
no taco here: pm carney confirms us/canada trade talks resume after removal of the digital services tax
Good afternoon, Yes, it has been a while. I have been running around the world & Asia. It was nice seeing so many people and places to share views, but my inner nerdling self fundamentally enjoy sitting at desk listening to music to read and analyze. For those that I got a…
🇨🇳#China's #steel production in May fell by as mills responded to the government’s pledge to cut production. Crude steel output fell by 6.9% y/y, the weakest performance in seven years for May, a month that often marks a high-point in annual production, pushing output 1.7% lower…
1⃣ #China's May industry output +5.8%y/y or +0.61%m/m.📉 2⃣ #Crudeoil refinery -1.8% to 59.11 million tons.📉 Power generation +0.5% to 0.74 TWh. #OOTT 3⃣ #Automobile production +11.3% to 2.642 mln units, sedan +9.8%. NEVs +31.7% to 1.245 mln units. 4⃣ #Steel production…
With this logic, I guess every company trying to gain market share, in every industry, is in a price war.
This is funny... The half-virgin argument! 😂 - It's a price war... when prices didn't decline, it's a shallow price war... What's next? A secret shadow price war that only them knew about? 😂 Reminds me of an old argument: - OPEC is a cartel. - When faced with strong evidence…
Guinea Alumina Corporation (@gac_guinee), owned by Emirates Global Aluminium (@egaofficial), faces a severe export ban due to delayed alumina refinery commitments, leading to a 2Mt bauxite stockpile in Kamsar. With no local refining capacity and limited storage, options like…
This is a very good read. President Trump's speech on extremism from May 21. It has not gotten any real play, but it may be one of the best speeches from a US president to the Muslim world. trumpwhitehouse.archives.gov/briefings-stat…
Today at @CPAC Poland I spoke about how the Trump tariffs aimed at Europe are part of the Trump admin's plan to reign in/stop the Chinese regime's abuse of the global system of trade (in addition to evening the playing field with Europe itself). Getting Europe to mirror the…
China's exports to the US fell sharply under the weight of US tariffs in April 2025, but its exports to everywhere else exploded. Tariffs are a huge deflationary shock for China. Lots and lots of goods are fighting to get to the US and are now heading there via third countries...
If you'd like to listen to all of Waylon Jennings first album --- and you do --- click here. From 1964: youtube.com/watch?v=v5Iq5U… You can thank me later. 😀
$AA Alcoa has weathered the onslaught in a heavily subsidized industry, as other countries craft industrial policies to militarize. Alcoa is lean and mean and will be needed in the Cold War that plays out in the coming decade
"If you want to invest in the primary aluminum industry, I think you have only one choice." Speaking at the Melbourne Mining Club in Australia, Alcoa CEO William F. Oplinger explained why the company is uniquely positioned moving forward. Full video: bit.ly/43hQ4HX
Interesting read on the Cobre Panamá mine from a US strategic interest perspective. Well researched too. csis.org/analysis/reviv…
As China nears peak aluminium production, what next? Column by @AndyHomeMetals reuters.com/markets/commod…
China likes to cry foul on the US being the aggressor here, but not only has it been waging Unrestricted Warfare in Info and Cyber domains for decades, even the Economic Warfare was started by China. The US is right to clamp down on China — it’s about time.…
Aluminum will be an interesting market to watch over the next decade. Will the Chinese be able to profitably support the tremendous over capacity they have built?
🚨 Here's a thread about ALUMINIUM. Why this commonplace metal is actually pretty extraordinary. How the process of making it is a modern miracle... ... which also teaches you some profound lessons about the trade war being waged by Donald Trump. And why it might be doomed. 🧵
This is an excellent analysis and underscores the need for an adjustment, for the good of the majority in the world.
I wrote the below-linked post (link at bottom) in a cavalier way and realize now it could have been worded more thoughtfully. So let me reiterate the thrust of my argument (which is still in the process of being refined!). 1. US dollar dominance is not just an “exorbitant…