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Of all the shortages related to the Biden presidency, the refusal to expand domestic oil production may be the worst. Cutting down on Russian oil by increasing U.S. demand rather than worldly imports would be an obvious alternative. But President Joe Biden’s square-headed refusal to provide further oil and natural gas domestically may be the most negative. It stems from his hard-headed commitment to the planet’s atmosphere.
While continuing to fumble on major decisions critical to our nation’s planet, the shutting down of a key Canadian oil supply center indicated his beneficial cleansing of the Earth. Not even restraining energy expansion seems to move America’s one-time senator of Delaware.
The latest move reflects the alternative crisis that this puts into America’s future. While even most Democratic senators are pleading to allow expansion of America’s energy capability, at this writing, President Biden’s negativity is becoming more hard-nosed; whether a wakeup is in the air is hopeful but unlikely.
An Economic Lifesaver
Since time immemorial, financial investment advisors have trumpeted the promise: “What is advised by us is primarily for you, the client — your benefit is primarily our benefit.” While this may be true incidentally, the mass of advice makes sure that these advisors will benefit from it.
Financial advice usually covers high-profile corporate producers, missing the high-interest benefits that would be normally geared to the client. This does not slander the good advice given but overlooks the exceptional benefits rendered by dividends.
These generally unknown monetary benefits are available by corporate entities to make them more desirable than their competitors. Most dividends are paid in cash; however, companies that may not have the cash resources may issue additional stock to shareholders.
Since discovering this “unknown” base of high profits in my personal investment plans, these hundreds of corporations have created benefits at a much higher level than available from the bulk of professional advice. Having followed this plan for the past 20 years, this ongoing income has provided me with interest benefits, giving me ongoing results to cover my overall living expenses for all my needs.
Worldwide Use of Digital Currency
As China is enjoying the recent success of its Beijing 2022 Winter Olympics, it also focuses more on the engendered success of its first global use of Android phones to pay by digital currency. This new form of money will be cheaper than physical coins or all types of banknotes. It has given China a natural mainstay by which to show the varied Olympic attendees opportunities.
To many consumers, paying with a phone may seem odd, yet to lawmakers around the world, this method is beginning to take hold. Experts say digital currency could give China a wealth of benefits that previously would not be available to the world’s largest population.
In the United States, anxiety about China has taken some of the excitement out of the buying capability since it gives China a massive buying edge in military equipment that would not have been previously available to a nation bent on being the dominant factor over the U.S., now pushed to the lesser strength worldwide.
Does Russia/China Alliance
At first glance, there seems to be no sense behind the growing China/Russia alliance and the growing dominator of the Far East China equation. One could name Communist commitment if this “red” spread over both entities. However, it seems to be the end where the populous giants have nothing in common as both countries are on the way to dominating their continents’ increasing fear of both.
China, with its multi-billion population, is already successfully dominating East Asia, starting with the Pacific islands, followed eventually by Taiwan, North Korea, and eventually India.
While doing so, Vladimir Putin’s Russia is beginning its East European return basis with Ukraine, followed by all other Soviet Union entities given up earlier to focus on its gigantic population — with only oil and natural gas as a solid basic economic foundation from which to supply its overall Russian central basis.
At the same time, this ends the United States as a forefront of protection from Sino/Russian communism. However, while developing themselves internally, both Russia and China will have their hands full before any further attempt is made to dominate Europe and Asia in the current century.