If you haven’t already, I urge you to make time this weekend to read Ryan Dinse’s brand-new report, ‘Australia’s Clean Energy Second Order’.
Ryan believes there are two clean energy stories being written right now.
First the mainstream one…the incredible run-up of stocks related to solar, wind and electric vehicles (EVs). ‘Investors pull green levers to reshape energy sector’, reports the Financial Times.
And, yes…in almost every stock index — here included — clean energy stocks cleaned up the gains in 2020.
But there’s a second story…one the mainstream is yet to wake up to.
It’s a story about where this fervour is actually leading from here. And Australia’s role in what’s about to happen. As with our mining boom — which centred around bulk commodities like iron ore and coking coal — our role will be a starring one. And lucrative.
Only, according to Ryan, it’s not what you might think…
Click here to read it. And have a great weekend.
One of the advantages of getting older is that you can look back and see how things have changed.
I mean, the capitalism that I knew when I was younger is very different to the ‘capitalism’ I know now. But for those experiencing it for the first time, probably just think this is ‘capitalism’.
It’s far from it. And I’ll explain why in a moment.
But to give you some context, I’ve been thinking about this for a long time.
When I was in my 20s, I was a lefty. Like most youngsters, I thought things could, and should be improved. At the time I was too young to ask the question, improve for who? Who gets to decide for who?
Anyway, I read lots about the capitalist system to try and find holes in it. I even read The Communist Manifesto.
But as I got older, I realised that most leftists were mini tyrants trying to change the world for their benefit, dressing it up as compassion and altruism.
But then I read the stoic philosophers and chilled out.
Roman Emperor Marcus Aurelius wrote the text on stoic philosophy, if inadvertently. His book, Meditations, is up there with the Bible in my view. If you want to find inner peace, read this book.
Aurelius constantly refers to being in tune with nature. Not just the external world, but your true self. The path to happiness lies in being in tune with yourself and understanding that everything is connected.
As Aurelius wrote in Meditations:
‘Keep reminding yourself of the way things are connected, of their relatedness. All things are implicated in one another and in sympathy with each other. This event is the consequence of some other one. Things push and pull on each other, and breathe together, and are one.
‘Everything is interwoven, and the web is holy; none of its parts are unconnected. They are composed harmoniously, and together they compose the world.’
Which brings me back to capitalism. Capitalism is a system that promotes connectedness. Free trade, free flow of capital and movement of people.
It’s far from perfect and has always been subject to abuse.
The abuse of the system is worse than ever
But now the abuse of the system is worse than ever. Interconnectedness is breaking down. Mini tyrants are stepping in at every point.
If you wonder why it feels like there is more turmoil in the world, there is your answer. The media will spin it otherwise, of course. They will try to throw you off the scent and tell you the solution to government interference is more government interference. That’s crony capitalism.
The foundation of real capitalism is money. Money represents trust between two (connected) parties. Trust that you’re getting like-for-like value in any transaction.
When trust in the value of money erodes, you get corruption.
Since 2008, when the financial system as we know it died, central banks around the world have eroded the value of our money. The result isn’t just small scale ‘mafia’-type corruption. It’s an insidious and hidden corruption on a global scale, hidden in plain sight.
Take this Klaus Schwab lunatic. He’s the head of the World Economic Forum, best known for his ‘COVID-19, The Great Reset’ agenda. Like some adolescent lefty, Schwab views the trauma of 2020 as an opportunity to mould the world into an image of his own liking.
On the surface the intentions are noble, as detailed on the World Economic Forum’s website:
‘The Great Reset agenda would have three main components. The first would steer the market toward fairer outcomes. To this end, governments should improve coordination (for example, in tax, regulatory, and fiscal policy), upgrade trade arrangements, and create the conditions for a “stakeholder economy.”
‘The second component of a Great Reset agenda would ensure that investments advance shared goals, such as equality and sustainability. Here, the large-scale spending programs that many governments are implementing represent a major opportunity for progress.
‘The third and final priority of a Great Reset agenda is to harness the innovations of the Fourth Industrial Revolution to support the public good, especially by addressing health and social challenges.’
This is 21st century socialism dressed up as concern, compassion and altruism.
It’s a cover for the massive wave of coming government spending and centralised control over the global economy. The capitalist or classical liberal tradition of being free to do what you want, as long as you’re not infringing the rights of others, is dead.
One of the great spending programs of this new agenda will be ‘green energy’
I mean, Qantas recently said that you’ll only be able to travel if you are vaccinated against COVID-19! Yet here are the survival rates from the US Center for Disease Control:
Survival rates by age group:
- 0–19: 99.997%
- 20–49: 99.98%
- 50–69: 99.5%
- 70-plus: 94.6%
It’s a joke, dear reader, and the joke is on us.
One of the great spending programs of this new agenda will be on ‘green energy’. In the next few years, trillions will flow into this sector. Whether any of this will generate a long-term decent return on capital remains to be seen, but in the short term that doesn’t matter.
Which brings me to my point.
One way to protect yourself from this new Communist Manifesto is to play the game. Look to where the money is going and position yourself to take advantage of it.
Don’t stand back like a schmuck, tightly gripping the money these sociopaths are trying to devalue. Like the boiling frog, you will go poor slowly, and won’t realise until it’s too late.
How do you do it then?
One way is to check out the report just published by my mates over at Money Morning, Ryan and Lachie, designed to profit from this coming green revolution. They’re not talking about buying wind farms. Rather, they’re focused on a mixed bag of green tech and supply chain plays, as well as the commodities that will go into building this brave new (green) world.
Check it out here, and profit from the new Communist Manifesto while it’s still early days.
Editor, The Rum Rebellion