by Oilprice.com • • Comments Off on Cheniere’s Big Gamble With Other People’s Money
With $9 billion in debt and no profit in its entire history, Cheniere is priced as if the future is not just rosy, but guaranteed, and that is not the case.
As the EU periphery has shown, cutting wages – as bad as that is – does not necessarily translate into the creation of new jobs. But then, who would win?
BMW insiders: Tesla CEO Elon Musk “is using us for PR purposes.” Stung by Daimler’s and Toyota’s exit, he wants to “decorate” himself with the name BMW.
