Excellent work per usual. I always look forward to the Macro, it has helped me notice patterns in my construction contracts, and how the actual smart people are gamifying the “free” loans to build properties that may never pay back the loan.
Almost every good business operating in the world is playing the money game first, and the production game second. My previous employer had projects in Turkey, Brazil, America, South Africa, and India. Not because they gave a shit about any of those economies, but simply to further hedge their global forex risk as their initial projects had all originate in the Eurozone. Money game first, producing electricity was secondary.
Congrats to Tall Texas Imbecile senior for birthing a true winner
:D
Excellent work per usual. I always look forward to the Macro, it has helped me notice patterns in my construction contracts, and how the actual smart people are gamifying the “free” loans to build properties that may never pay back the loan.
Almost every good business operating in the world is playing the money game first, and the production game second. My previous employer had projects in Turkey, Brazil, America, South Africa, and India. Not because they gave a shit about any of those economies, but simply to further hedge their global forex risk as their initial projects had all originate in the Eurozone. Money game first, producing electricity was secondary.