Yes; excessive, out of control breeding in 3rd-world countries that leads to excessive, out of control immigration to developed nations. Trouble is; this climate change bleating has been whipped up into a frenzy (mainly by the media). To deny it or even put forward a structured rebuttal puts one at risk of being tarred and feathered. What I wonder is: how do these "Green Gurus" think metal is going to be smelted without the use of coal? (OK; there are electric arc furnaces but where does their power come from....solar panels? I don't think so.)
So what happens now? If mega-investors like Black Rock etc are going to dump companies like WHC they will plunge to levels of ridiculous cheapness. That's going to be fine for brave retail investors to buy in as long as the dividends continue. That means, as long as the shipments continue. What happens if the madness spreads to shipping Unions (for example) and they ban the loading/unloading of coal shipments? What then; do Governments use the troops to break Union bans? They could well be voted out of office for that...I don't profess to have answers here...I'm just putting the questions out there.
WHC Price at posting:
$2.52 Sentiment: Buy Disclosure: Held
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