China Extreme Economic Stimulation of Manufacturing Including the Electric Car Industry Starting 2H2022 $TSLA $CATL $NIO

China’s battery maker and electric car companies were up from 1.5%-11% on hopes of “extraordinary policies to address the lack in downstream manufacturing companies”. CATL largest battery supplier in the world and major Tesla supplier is up about 2% on China’s stock exchange. NIO and Xpeng are high-end electric car makers and are up about …

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Gasbuddy Reports Average US Gas Prices Passed $5 Per Gallon

The national average price of gas in the U.S. surpassed $5 per gallon today for the first time ever, according to GasBuddy, the leading fuel savings platform saving North American drivers the most money on fuel. There has been months of gas price increases across the country, accelerated by the rise in seasonal demand amidst …

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Canada a 22nd Century Superpower By Being a Great Place to Live

Canada has an 88-page immigration focused plan that would increase Canada’s population to the level of the USA in about 150 years. By 2171, Canada would use good schools, good universities and comfortable quality of life, solid economy to continue attracting high quality immigration to reach a population of about 300 million. This would be …

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China Becoming Economically Stronger Than the USA But Not the US and Allies

Nextbigfuture found cost of living data indicating that China’s purchasing power parity economy is about $31 trillion. This is 30% larger than official estimates and is 50% larger than the $21 trillion US economy. In a decade or two China’s currency will strengthen to a value that matches its purchasing power level. Japan reached per …

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Moltex Nuclear Would Work in a World With Abundant Solar Energy

Moltex Energy calculated that abundant solar and wind energy will mean nuclear energy needs low capital and fixed operating costs to be profitable at 30-50% capacity factor in unsubsidized competition with fossil fuels. Radical innovation will slash costs of nuclear energy. SSR (Stable Salt Reactor) will meet the cost objective, comfortably, through intrinsic safety and …

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Future Oil Price War as Iran Sanctions Get Lifted

Economic sanctions have cut Iran’s oil production in half and dropped oil exports to less than 20% of normal. Iran’s oil production is currently below 2 million barrels per day and Iran has about 300,000 barrels per day of oil exports. source: tradingeconomics.com Biden is expected to lift sanctions if Iran returns to strict compliance …

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Low Risk Progress to Commercial Next Generation Nuclear Reactor by 2030

The Terrestrial Energy Molten Salt reactor development avoids all risk in technology, science and regulation to build the commercial molten salt reactor by 2030. They have the first stage of regulatory approval in Canada and are working closely with Canada nuclear regulators, US nuclear regulators, Energy Utilities and US National Labs. Nextbigfuture has been covering …

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Arab League Morocco Will Have Peace Deal With Israel

Morocco joins Bahrain, Sudan and the United Arab Emirates in joining peace deals and economic normalization with Israel. Morocco has a population of over 37 million people and is a member of the Arab League. The Arab League has 22 member states. It was founded in Cairo in March 1945 with six members. Oman, Comoros, …

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CANZUK Free Trade Union

The UK will leave the European Union at the end of 2020 and could form the CANZUK free trade area in 2021. CANZUK would be a free trade union between Canada, Australia, New Zealand and the UK. Canada has a population if 38.2 million people and a GDP of $1.8 trillion. Australia has a population …

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China’s Newest Plan Targets Moderate Developed Nation Income Level by 2035

China’s newest five year plan has a target of reaching moderate developed nation per capita income levels by 2035. Spain has a per capita income level of $26,000 now and Italy has a per capita income level of $30,000. Those countries have GDP growth rates of about 1-2% per year. If China were to catch …

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