Arsonists but they get to keep a nice a souvenir like a 1000000000. 00 mitt romney is a good example of somebody who made a business out of this and eventually you run out of the free money runs out in the case of venezuela for example this is a true fact they actually ran out of ink to print the money that they were burning. That was the end of that weve seen over the past 3040 years Interest Rates have been declining and declining and declining and declining so theyre always able to roll it over and sell it to another chump because theres always another chump at the end of a declining Interest Rate curve so however what weve seen since the financial crisis since 2003 is not only our Interest Rates the climbing but the fed keeps giving their friends the free money and hoping that its going to trickle down well never trickles down because theyve kept everything private they kept all of those unicorns as tech uniforms which are on paper they were. Worth billions and billions and billion
Publicly traded Shell Oil Companies the institute for Energy Economics and Financial Analysis found that between 2010 through 2018181 1000000000 dollars in cash was burned plus is the cast burned by the privately Held Companies so the total casper is likely in the neighborhood of 700000000000. 00 right during the im our republic that they didnt go through the artifice of creating a Public Company or a private company they just burned the actual cash in the stove to keep warm here theyve created simple Business Model of fracking which is another euphemism for burning cash right because it takes more energy in than they get out it takes more cash in than they get out it is a literally a Bottomless Pit of cash that is by definition impossible to make a profit from and in the private market like oh we work for other Tech Companies that are in the private market theres a mass hallucination going. Where theyve think that well we need to become the Biggest Energy exporter and producer in the