
September 9th, 2022. A Major US Railroad Strike is Near. US and Europe Buying Russian Aluminum. Putin Might Walk Away From Wheat Deal.
The President's Daily Brief
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Europe's Aluminum Industry Is on the Verge of Collapsing
The european union and the united states have both increased their purchases of industrial metals from russia. Europe's aluminum industry is collapsing, or on the verge of collapsing, because they can't afford the cost of their electricity bills. We are seeing this exact same thing in zinc smelters, glass manufacturers, the fertilizer industry, all scaling back or shutting down due to power prices. This is a genuine existential crisis. We need to really sort this out, and quite quickly, otherwise there will be nothing left to fix. Ok?
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