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Solar Power To Overtake Oil Production Investment For First

Discussions about the economic and financial ramifications of PEAK OIL

Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Fri 06 Sep 2024, 22:09:49

$this->bbcode_second_pass_quote('theluckycountry', 'T')hanks for the spacer adam, you have your uses

Indeed. CSIRO isn't about to ask some neonazi stooge about their countries natural resources now are they?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Sat 07 Sep 2024, 04:19:23

2014-- World's Largest Solar Plant Opens
$this->bbcode_second_pass_quote('', 'T')he Department of Energy provided Ivanpah’s developers with a $1.6 billion loan guarantee in 2011. Ivanpah is one of seven massive solar plants scheduled to open in California in 2014. Together they’re part of the coming of age of big solar in the United States.

2016-- Near Default, Federally Backed $2.2 Billion Solar Facility Granted Extra Time
$this->bbcode_second_pass_quote('', 'T')he solar thermal plant built with $1.6 billion in federal loans produced only 68 percent of its contracted electricity in 2015

$this->bbcode_second_pass_quote('', '2')020-- (Reuters) - The owner of a big Nevada solar-thermal power plant that received $737 million in loans from the U.S. Department of Energy filed for bankruptcy on Thursday, according to a court filing, potentially leaving U.S. taxpayers with a whopping bill.

$this->bbcode_second_pass_quote('', 'A')t the end of its life, a solar project needs to be decommissioned. The rules around that process vary by location. One of the objections to utility-scale solar power that I hear most often is that local communities will be left to cover the costs of cleanup at the end of a project’s life.

But state and local rules in nearly all of the country are clear about who pays: The developer or the owner is responsible for restoring the land once a project is no longer operating.


"But state and local rules are clear about who pays." Whoever is still solvent, and if the company is bankrupt and gone, that's the taxpayer. This why all these Green commercial scale projects are so dangerous to the average person. They pay higher upfront costs for the power then get slugged when the company rolls up and abandons the plant. But that's Crony Capitalism, the common people are simply a herd to be milked until they are too old, then it's the nackery.

https://www.kqed.org/science/14236/worl ... lant-opens
https://www.manufacturing.net/energy/ne ... extra-time
https://www.reuters.com/article/busines ... KCN24V3C3/
https://www.fastcompany.com/91017251/so ... after-that
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Tue 10 Sep 2024, 18:49:10

$this->bbcode_second_pass_quote('theluckycountry', ' ')But that's Crony Capitalism, the common people are simply a herd to be milked until they are too old, then it's the nackery.


As compared to your support of the National Socialist German Workers Party and what they think of their citizens?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Wed 18 Sep 2024, 06:07:32

If you're in America, just remember to smile and pretend

Image

Image

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Wed 18 Sep 2024, 08:43:52

$this->bbcode_second_pass_quote('theluckycountry', 'I')f you're in America, just remember to smile and pretend

As the world's largest oil and gas producer, and largest LNG exporter, we do. But we are a little ashamed on your behalf for having to put Australia's first satellite into orbit because the country has people like YOU in it stopping it with their "duh..how duz weez builds da rockets" routine.

Oh no, wait, those are facts. And you are a neoNazi. Sorry...thought I was replying to a REAL Australian owned by the Brits, and not a supporter of the National Socialist German Workers Party in Australia.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Fri 20 Sep 2024, 04:13:03

What's Next After Solar Installer SunPower's Bankruptcy?
$this->bbcode_second_pass_quote('', '
')SunPower, one of the biggest national solar panel installers, has filed for bankruptcy. Here's what it means and what you need to know.
https://www.cnet.com/home/energy-and-ut ... -what-now/

What you need to know is it failed, and that's all. If you had money invested, goodbye to that, if you had a deposit down, good luck with that. Certainly solar panels are still popping up on roofs, but the Grid is at capacity now, all across the world where this tech was pursued with vigor. It was a money grab, never a serious infrastructure development. The grid needed to be expanded at the same time but never was, structural changes to electricity use needed to be implemented but they never were.

Now will have gazillawatts of extra electricity coming into grids that cannot handle it and at night we are right back where we were 30 years ago. We are talking about needed institutional changers where Big consumers are made to power down when the sun goes down, a good idea, if the grid had been expanded to cope, but these were never pursued. Now that the S has HTF the pushers of all this crap are blaming a lack of storage, like we should quickly build Millions of LiPO battery packs the size of warehouses to sort it all out. A totally ludicrous proposition given the cost of such an endeavor and the scarcity of minerals needed. (Every 10 years). More Lies will come as the collapse continues but the writing is on the wall. There will be No alternate energy transition, it is and always was just a pipe dream.
Last edited by theluckycountry on Fri 20 Sep 2024, 04:19:42, edited 1 time in total.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Fri 20 Sep 2024, 04:15:39

Texas Solar Farm verses baseball size Hail.
https://www.youtube.com/watch?v=1QvQXTJj8lg
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Fri 20 Sep 2024, 09:19:14

$this->bbcode_second_pass_quote('theluckycountry', '[')b] What's Next After Solar Installer SunPower's Bankruptcy?
$this->bbcode_second_pass_quote('', '
')SunPower, one of the biggest national solar panel installers, has filed for bankruptcy. Here's what it means and what you need to know.
https://www.cnet.com/home/energy-and-ut ... -what-now/

What you need to know is it failed, and that's all.


Your midget mind thinks that is relevant to actual results? <yawn> Stick to practicing your goose stepping in jackboots.

Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Sat 21 Sep 2024, 06:11:37

You never sell your Gold they say, but silver...

Image

Buy This? They go hand in hand with solar don't they?

Image

Yes boys and girls, that's basically what's inside a $15,000 Tesla Powerwall, though now they are the Lithium Ferro Phosphate (LFP) cells. They won't ever show you that on a video or even in images, it's a well kept secret. If people saw that they were full of the little torch/laptop batteries they are familiar with they might start to question how long their investment would actually last. You're supposed to think there is this magic technology inside instead of a big array of little lipos :lol:

$this->bbcode_second_pass_quote('', 'L')ithium Ferro Phosphate (LFP) batteries, also known as LiFePO4 batteries, can have a lifespan of 5–10 years or 2,500–9,000 charge cycles. However, with proper care, the lifespan can be extended to 10,000 cycles...

Here are some tips for optimizing the lifespan of an LFP battery:

Store partially charged at room temperature
Keep power levels below the maximum when possible
Avoid draining your battery completely every time
Avoid use in extreme temperatures
Keep the Depth of Discharge (DoD) below 80%


In other words buy a unit 30% or larger than your power requirements actually are. And of course we are assuming the batteries get the upper limit of 10 years. What if they get the lower limit?


I think a better investment would be this myself.

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Sat 05 Oct 2024, 19:18:16

The cost of solar "panels" has been declining for a decade and more, real declines too, 80 to 90% is touted. That is terrific news, so why aren't they on every roof? There are three costs to a solar installation. One is the panels themselves, the second is the expensive inverter, and the third is Labor. While panels have gotten cheaper labor has gotten more expensive and the inverters for the most part have too.

15 years ago the standard home panel was 80W, now it's 350W or greater. These panels are more efficient than their earlier cousins but are also much larger meaning less need to be installed on the roof. That cuts substantial time off an install both in bolting them down and wiring up. Of course this process reaches a natural limit as does efficiency gains. The cost curve levels out but it doesn't for wages and profits. This is what's been crueling the Home install market since Covid. Covid was a good time to install, or before, but now general inflation has pushed costs up, a lot!

There is no readily available data either like there is for panel costs, no charts depicting it. The only way I can work out a figure is to compare my own install of 4 odd years ago with my brothers recent install and my neighbors. Theirs was 20~30% higher. Possibly higher costs for the aluminium rails and fittings as well as the wiring was a part of that but labor was the big one I'm sure. Anyone in business for themselves wants to make a profit commensurate with rising inflation. Wage workers need to strike but owner operators just raise prices.

The business installations are a tax deduction and often receive extra incentives so it's no wonder they are striving ahead. For the homeowner seeing their income falling it's another matter though. This probably explains the collapse in US home installs and I've no doubt they are declining here as well.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Thu 26 Jun 2025, 22:55:32

It's been a busy week in the USofA

Sunnova Goes Bankrupt After Receiving Billions in Green Giveaways
$this->bbcode_second_pass_quote('', 'B')ut when the rubber meets the road, the high costs and consequences of what President Trump calls the “Green New Scam,” are proven time and again. The latest example – the bankruptcy of Sunnova Energy.

Sunnova, a residential rooftop solar company, filed for bankruptcy on June 9 due to growing debt and weakening demand. According to Reuters, it’s the second residential solar company to file for bankruptcy this month. In 2023, the company received a $3 billion partial loan guarantee from the Department of Energy to make “distributed energy resources — including residential rooftop solar, battery storage, and virtual power plant-ready, consumer-facing software — available to more American homeowners.”
https://www.instituteforenergyresearch. ... giveaways/

Whatever. Another parasite sucking on the public teat. Good riddens.


Swiss solar panel maker Meyer Burger files for US Chapter 11 bankruptcy relief
$this->bbcode_second_pass_quote('', 'M')eyer Burger's operations in both Europe and the United States have struggled to compete with cheaper products imported from Asia, piling pressure on the company.
Late last month the firm announced it was shutting down its U.S. factory in Arizona due to financial difficulties, and soon afterwards filed for insolvency for its German subsidiaries.
In its U.S. court filing, Meyer Burger listed it had estimated assets worth between $100 million and $500 million and liabilities worth between $500 million and $1 billion.

So much for bringing jobs back to America :oops:

Did trump kills these companies? No, he just exposed them for what they are, unprofitable. Solar will always be unprofitable because it's made from oil and coal and no amount of statistical lies will ever change that. The only reason we have a booming solar market in Australia still is because the government pays 50% of the cost upfront for household installs. And because our market isn't infested with thieves and shysters like the US market is. Aussies are basically decent people, like Canadians, like Poles. And is a shonky outfit does get a go on the government steps in as soon as an alert is sounded and shuts it down.

I have no illusions about my solar, it will no doubt outlive me but not the next owner of this house and in 40 years it will unaffordable except for the wealthy and business ventures. powering remote sites etc, just like it always was. Solar didn't get cheaper because of great new designs, although there has been that. It got cheaper because the Chinese sacrificed real wages; used mountains of debt, manipulated their currency. All unsustainable leverages. Why? To dominate world manufacturing and destroy that of all other nations to become one of the new emergent empires to replace the west. And they did it with the full cooperation of the peoples of the west who lined up at places like Walmart to save $5 on a hairdryer. As JHK said once.

You got what you asked for, a nation full of junk products. And all it cost was the jobs your children could have had.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Fri 27 Jun 2025, 05:18:52

I was checking up on artic sea ice, believe me you don't want to go there, it's the lowest on record this year beating out the huge plunge in 2012. NSIDC is posting the charts but has no stories on it, odd I thought? But that's boulder colorado all over isn't it. Anyway searching around I came up with one and near the bottom of the page is an ad for $this->bbcode_second_pass_quote('', 'P')almetto's LightReach program.
gives you all the benefits of solar power without the upfront costs. LightReach lets you lease solar panels with no money down, making it easier than ever to lock in energy savings. Palmetto assumes all risk and responsibility for the panels you lease, which means you'll get reliable performance without unforeseen costs.

Sounds great doesn't it! Just the thing for a third world nation where people can't afford even a basic solar system. But the thing is, it's a scam :lol:

--We have been paying our Solar bill each month. The bill only suppose to be $179. However each month they take a different payment telling us it's late fees. If they take the money from the account how can I be charged late fees.
--I leased solar panels through palmetto solar in June of 2024 , they installed the panels as well as replaced the roof through one of their contractors. This past February my girlfriend was asleep on the couch in the living room and and felt water dripping onto her. (scammed them for a roof too :lol: )
--Ambia Solar/Light Reach/Palmetto Solar sold me and my next door neighbor on their solar pkg. It turned out to be a "bait and switch scam". We were told we would be saving money on our electric bill by having them install solar panels on our house. We were told that instead of paying our normal electric bill to ***************** we would only be paying a discounted rate to Ambia... Now, I am getting billed by Light Reach and by Consumers. Instead of saving money, my cost is about double what it should be!
--I had a power agreement with Palmetto for a short time before I sold my home. The buyers agreed to take on the power agreement for the solar system on the house. It was very difficult working with Palmetto to put a hold, as I understand it, so there would be no lean on the home and we could close. It required a concerted effort by myself, the buyers an the title company to coordinate this.
https://www.bbb.org/us/nc/charlotte/pro ... complaints

That last one is a classic, you are actually signing over partial ownership of your home to these racketeers and can't sell it without their permission :roll: Talk about Swindle Nation. Why are there so many totally trusting, totally brainless souls on this planet? It's gotta be the fluoride in the water, gotta be.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Fri 27 Jun 2025, 18:43:33

$this->bbcode_second_pass_quote('theluckycountry', '
')Sunnova Goes Bankrupt After Receiving Billions in Green Giveaways
https://www.instituteforenergyresearch. ... giveaways/
Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Fri 27 Jun 2025, 19:22:13

This is what a collapsing empires energy usage looks like.

Image


People fighting over the scraps.

Image

US and China side by side
https://substackcdn.com/image/fetch/$s_ ... 00x452.png

And Australia. https://www.energy.gov.au/sites/default ... l_type.png

Where the energy goes, so does the prosperity. It's a funny thing you know, the psychological impact of declining wealth and lifestyle choices. People go into denial, get angry, they start bargaining, then get despondent, and then finally accept their lot. As an example inke is currently still in the Denial phase where as adam is locked in the ANGER stage. Many others here have moved into bargaining, others are despondent and have left. Naturally we are talking about the 5 stages of grief.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Sat 28 Jun 2025, 22:13:08

$this->bbcode_second_pass_quote('theluckycountry', 'T')his is what a collapsing empires energy usage looks like.


Image

Australia and its collapsing oil empire will just go back to what your forebearers found when released from prison.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Sun 29 Jun 2025, 02:09:39

Anger adam, ANGER! It is anger that created you, anger that connects, anger that draws you, that guides you, that drives you; it is anger that defines you adam, anger that binds you too me. One day you will move on, as kub has moved on, and one day you will be gone, simply another username on the database. Another American more concerned with where their next meal is coming from to be worried about posting on the internet.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Sun 29 Jun 2025, 10:33:55

$this->bbcode_second_pass_quote('theluckycountry', 'A')nger adam, ANGER!

Stop displaying how ignorant you are. Mentally deficient Australians are amusing.

Did your boy graduate high school, or did he take after the old man and learn how to use a shovel? Does he like motorcycles? Is he gay? How smart was the female DNA contributor....the hope being that if she was average, the kid has a GREAT chance of not bieng as uneducated as you.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Sun 29 Jun 2025, 17:27:45

$this->bbcode_second_pass_quote('AdamB', '[')img]https://i.ytimg.com/vi/5_EAY-O9154/hqdefault.jpg[/img]
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby theluckycountry » Sun 29 Jun 2025, 18:11:08

Back to the real world...

UK Pulls Plug on £24 Billion Desert Power Fantasy
$this->bbcode_second_pass_quote('', 'I')t comes as little surprise that yet another grandiose techno-utopian vision has ended not with a triumphant march toward Net Zero, but with a flick of the off-switch. Last week, Britain’s energy secretary quietly announced that the government “has pulled the plug on a £24 billion plan to bring Moroccan wind and solar power to Britain via the world’s longest subsea electricity cable, citing concerns over security and costs” . In other words, after years of hype, headline-grabbing simulations and talk of “reliable clean power for 19 hours a day,” the reality of risk and expense finally intruded—and the dream of Sahara sun for all has been consigned to the scrapheap.
https://wattsupwiththat.com/2025/06/27/ ... r-fantasy/

This is what I have been trying to drum into the skulls of kub and adam your years, but little did I know, there was nothing between their ears. It's pointless to cite "Future" alternate energy systems since most of them never get off the ground. It's just one big jerk circle where investors are suckered into piling capital into these White Elephants only to see it all go down the drain. The UK by the way was the last big holdout, still swearing that "They would make the transition".

Back to planning around coal and Natural gas. Not that the rebuildable systems ever amounted to much anyway. Just a smokescreen to hide PeakOil.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Solar Power To Overtake Oil Production Investment For Fi

Postby AdamB » Sun 29 Jun 2025, 20:09:09

$this->bbcode_second_pass_quote('theluckycountry', '
')UK Pulls Plug on £24 Billion Desert Power Fantasy
https://wattsupwiththat.com/2025/06/27/ ... r-fantasy/

Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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