Unthreaded
clipe, AK, If the markets know that a discovery is about to be reported, the markets often speculate about the size of it. If they've guessed it right or over estimated, the shares often fall. In reverse, if a company is about to report on losses, shares will often rise, if the losses aren't as bad as they feared.
Kumbaya my Lord
The Cold War did not end because NATO beat the USSR. The USSR ran out of money.
Trump is divesting from Climate Science. Climate Science is running out of other people's money.
The EU are negotiating with China, but China is only worried because they will lose £billion$. They will not subsidise EU policies unless it is in Chinese interests to do so.
The EU is now trying to do deals with individual US States. I am sure Trump will be happy for Democrat States to shoot further holes in their own financial pockets.
The EU is simply inviting Eurosceptics Parties to ask the EU what evidence they have, for wasting €billion$
clipe. Those people are crazy. When I worked for oil companies I would watch their shares' performance. If the company made a significant discovery (ie more assets) the share price would tumble. Someone kindly explained that a new discovery would require the tying up of funds for development and this could adversely affect the dividend. Funny old world where success causes a loss of share value.
Jun 3, 2017 at 12:24 PM | Unregistered CommenterSupertroll
"Someone kindly explained", wrongly?
Sell high, buy low. It's simple.
Ross, comment from Phillip Bratby
clipe 10.22
Many thanks for that link. What a great essay. I am a huge fan of Clive James; I have many of his books.
@Golf I was just mentioning that over on Pauls
according to BBC Reality Check
“The US has spent more than any other country.
However, there is no obligation for countries to pay into the fund, as it is voluntary.”
It then contradicted that by saying
“As Mr Trump noted in his speech, one goal of the Paris Agreement was to raise $100bn (£77.7bn) a year by 2020”
That looks like 2 alternative realities at the same time
https://en.m.wikipedia.org/wiki/Brandt_Report
From Wikipedia .....
This is the report written by the Independent Commission, first chaired by Willy Brandt (the former German Chancellor) in 1980, to review international development issues. The result of this report provided an understanding of drastic differences in the economic development for both the North and South hemispheres of the world.
Could we not begin to lay the basis for that new community with reasonable relations among all people and nations, and to build a world in which sharing, justice, freedom and peace might prevail? (Willy Brandt 1983)
The Brandt Report suggests primarily that a great chasm in standard of living exists along the North-South divide and there should therefore be a large transfer of resources from developed to developing countries. The countries North of the divide are extremely wealthy due to their successful trade in manufactured goods, whereas the countries South of the divide suffer poverty due to their trade in intermediate goods, where the export incomes are low.
The Brandt Commission envisaged a new kind of global security. It built its arguments on a pluralist perspective that combines several social, economic and political perils together with classical military perils.
___________
And then they fabricated a Global Warming Crisis, which is now history, but the poor and needy are still poor and needy.
Good comment by Roger Helmer UKIP spokesman on Climate.
h/t Paul Homewood.
https://notalotofpeopleknowthat.wordpress.com/2017/06/03/roger-helmer-on-trump/