“Steel Is Real”: No Steel Production Means No Military Power, No Industrial Backbone, No Sovereignty By Stefan Koopman, Senior Macro Strategist at Rabobank Steel Is Real “Steel is real” isn’t just a mantra for moustached, espresso-sipping cycling purists who swear by the ride quality of classic steel frames over flashier materials like carbon or titanium. It’s also a hard truth in geopolitics and economics. As we’ve argued over and over: no steel production capacity means no military power, no industrial backbone, no leverage in the great game – and by extension, no sovereignty. Whether you’re building tanks, turbines or yes,… — Continue at ZeroHedge News : Read More
