Where the money REALLY is….

[Rideback]

I ordered the book. I always wondered what the whole Mark Rich thing was,

[just-jim]

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I just listened to Stephen Dubner’s Freakonomics podcast with the authors of the book, mentioned below, ‘The World for Sale’ about commodity traders (not the ones trading paper options and contracts….the ones actually doing deals and moving the commodity).

https://freakonomics.com/

Excellent! And the authors have a lot to say about what tariffs- even proposed ones - are already doing to US prices.
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[Rideback]

In a stunning move Greenland turning over mining rights to EU, completely blocking Trump's fantasies this week.
https://www.newsweek.com/greenland-trum ... on-2075673

[just-jim]

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You’ve probably heard of the various books of the ‘Freakonomics’ folks.
Stephen Dubner and his cohorts do a great job on their various Podcast feeds (https://freakonomics.com/podcasts)…. and in his substack writing.

I found this interesting….

“…But at this moment — as the U.S. signs a mineral deal with Ukraine; with Donald Trump expressing his appetite for the natural resources in Greenland, in Canada, even at the bottom of the ocean; and of course with an on-again, off-again trade war — the book is very relevant. It’s called The World for Sale: Money, Power, and the Traders Who Barter the Earth’s Resources. So I finally took it off the shelf, read it, and — well, wow. The traders in this book are not the kind who sit at a desk in New York or London and buy and sell the options on commodities; these are the people who finance, procure, and trade the actual commodities — petroleum products, agricultural products, and metals. This is high-stakes territory…..”

The rest here: https://stephendubner.substack.com/p/th ... ouve-never?
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