I officially bull trolled myself out of a once in a lifetime opportunity to make something of myself. That is so me.
AMA.
Common problem, optimism is profitable but also costs.
Might be a silly side note but guano or bird crap is a highly profitable commodity. Fortunes have been made on such things and it is basically finite in high concentrations as its usually based around bird colony's which takes maybe hundreds of years to accumulate. Other types useful for agriculture you can mine from the ground would be potash which is a big deal in Canada, it probably is very much finite and a historic accumulation. Since we have definitely have world population growth with greater agriculture needs as more populations progress to meat eating its definitely a bullish market.
But people wont invest in that scenario, all they see is crap. No optimism is a fail.
Failure to invest correctly in required markets for the future is also a function of a biased market. If the government puts a subsidy under housing for example it means other areas are neglected despite being more productive long term, society as a whole becomes poorer while we chase our own tails.
Biggest example I can think of right now of this would be Venezuela, investment they do require for oil refinement of their gigantic but 'dirty'
sulphur heavy oil is lacking. Epic central government and political dictates means efficiency failure caused their business to fail and this country has the worlds largest known oil reserves. They could be as rich as Norway if able to utilise the locked away wealth.
The people starve for the elite, its so sad. I think this effect is true at least in part in every country, luckily we retain democracy in most places.
7725 to beat nearterm as a positive marker. 7537 support, 7814 target upside
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