See that chart? That's from the UK National Grid. They're doomed. Here's why.
The Green is ole reliable nuclear. Flat as a calm lake. But see the blue? That's wind generation. Notice when it goes up, the red goes down? The red is gas which is called on when there is no wind.
UK is now actually dusting off old coal generation because wind is an unreliable clown show and they'll never have enough batteries to store electricity. NEVER.
They haven't added a nuclear plant for ages. So older plants which they said would be retired, well guess what? NOPE.
And who needs natural gas, amirite? Screw Putin! Amirite?
Good job Boris Johnson you clown you. When Labor takes over next election they're not so stupid to as to shut down their primary sources of generation.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Heading to Maine early tomorrow morning for some fun in the sun! :)
In the meantime, read this piece by Andrew Biggs.
See you next week!
andrew biggs @biggsag writes...you read. This is not negotiable
https://littleknownfacts.substack.com/p/the-two-charts-any-social-security
We'll review various 25 year time frames under the "harvest your gains retirement plan"
Here's the link! https://vimeo.com/event/6194932