They didnt need to seek profit, they didnt need to build wealth or create, well they just plundered. And were seeing that in this to me, what were witnessing is Profit Versus Plunder as motive. So here, all these big claim miners. They have no ruler, theres no leader in bitcoin, right . Theres just profit. So you have to follow wherever the profit goes. First of all, just say, you know, china is kicking out more than half of the world big coin minors, and a whole lot of them could be headed to texas. James, the law says about this migration, these thousands of between mining a sex are being shipped immediately within a few hours of this band being announced. Normally, in order for an Internet Service to relocate major infrastructure without downtime requires massive amounts of planning and coordination. And yet were watching a tectonic shift and big Queen Mining Infrastructure occur without anyone in charge. You know, this is one of the most amazing engineering accomplishments. The hum
Country. And there are many reasons for that. Were not going to really go into that in this episode. But what were talking about is the migration of all that mining from china to cause expand to texas to elsewhere in america and around the world. But i wanted to thank you to point out that you and i were recently speaking about how when the spanish empire, around the world, the Spanish Armada control the seas. They could get away with just plunder, right . They didnt need to seek profit, they didnt need to build wealth or create, well they just plundered. And were seeing that in this to me, what were witnessing is Profit Versus Plunder as motive. So here, all these big, why miners, they have no ruler, theres no leader in bitcoin, right . Theres just profit, so you have to follow wherever the profit goes. First, lets just say, you know, chinas kicking out more than half of the world, big point miners and a whole lot of them could be headed to texas. James, a lot says about this migratio
Cured, have access to care, that all makes it worthwhile. So i just want to thank your administration and all the folks who have been working on this for now building on it and continuing to expand it. If i had a dime for everyone who said to me over the last two years campaigning and as president tell the president , meaning you, i said thank you. And now to the infrastructure talks that are getting another try on monday. President biden shot down shelly moores Counter Proposal. Democratic congressman John Garamendi told me last hour they may have to move on without bipartisan support. Ive been around long enough to be patient but also long enough to be impatient. There will come a moment where its Fish Or Cut bait and thats not far off. And Big News Out of london. The g7 countries reached a deal on a global minimum Tax Rate for corporations. The group says this will help address the economy. Janet yellin called the agreement unprecedented. And a federal judge in california says that
Militants if all exchanges of niceties continue we will ask the americans to bring the number of their diplomats who deal with by lots rules relations with russia in accordance with the number of our employees working in the embassy and to general consulates in the u. S. The kremlin is reacting to u. S. Government decision to blacklist russian companies expel russian diplomats and bar u. S. Banks from buying sovereign bonds from the central bank in Moscow Russia continue to interfere with our democracy all this because washington says russia is involved in malign acts including the persecution of opposition politicians alexina vowel me interfering in elections engaging in cyber hacking as well as occupying crimea are the toughest sanctions since 2018. If the government is frightened by the way the events are developing but they will change course and will continue to be confrontational but the question is how far will the kremlin push it they will try to make it look as though nothing
A lack of the freedom of the press. Corruption work on the farm to stay silent when it comes to the fans of the humans on the scene why through phones who have decided to put their trust in us. My name is Jenny Harrison i work. Is this the next super cycle global commodity Prices Op booming in some cases to 400 per Cent Year on the year we look at the implications and the german Lumber Industry also coming up. Well tell you the story of a fight to save millions of. Oysters that might have otherwise ended up in the trash. You welcome to do that with business im going to johnsonville him to have you with us. Markets have been rallying as prices of key commodities such as Zinc Cop poor and aluminum slipped alleviating concerns over inflation thats triggered sell of earlier in the week but as we all know things could change very very quickly again given there are signs of a Post Coronavirus Recovery boosting demand especially in the us and in china and that demand has been driving commodit