I’m starting up my videos again–this time using YouTube as a platform.
My one-hundredth-and seventeenth YouTube video “The Death of the Global Economic Order” went up today.
Is it forward to the 16th century? One of the lessons that many countries seem to be drawing from the Russian invasion of Ukraine is that relying on countries that might be hostile or competitive to you for crucial resources (ahem, natural gas) is not a good idea. I think we might see a return to the ideas of a previous economic order that focused on countries controlling the production of supplies they need, and the latest example is President Biden’s use of the Defense Production Act to invest in battery metals and rare earth minerals. I think this will be a boon for companies like Li-Cycle (LICY), a lithium battery recycler which isn’t destined for profit soon, and MP Materials, the U.S.’s only rare earth producer.
Please watch and subscribe to my YouTube channel. And like my video.
Here’s the link:
