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Financial Friday: Physical vs. Governmental Constraints
FF: Physical vs. Governmental Constraints We have been draining the Strategic Petroleum Reserve in the U.S. At some point, if they drain it too low, they will risk collapsing the salt caves that store it. This is a physical constraint. Copper mines can take decades to get permitted by the government, which is a governmental constraint. We talk about many other limits, whether they are physical or governmental, and how they can affect the average citizen. Bad decisions lead to bad results. We cover AI and data centers, electric, wastewater regulations, kickbacks, and budgets. More people need…
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