The Duran
Politics • News • Investing & Finance
The Duran is a news-media platform that advances a realpolitik position The Duran is not right, left or center. It is a media site that focuses on a pragmatic analysis of stories in the news.
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Super startup Northvolt, the West's last hope for "Showing the Chinese How to Make Batteries", succumbed to bankruptcy.

The documents say that as of Thursday morning, the company has $ 30 million in accounts and in cash, which, literally, "will not be enough for operational activities for the next week." And yes, they invested 15 billion dollars there. Among investors: Volkswagen, Goldman Sachs and BlackRock, plus government subsidies from Germany and Canada.

They screwed up everything - overestimated their abilities and potential, believed the unrealistic promises "we are about to develop technologies and tear everyone up" (see "fake it until you make it" ), the management was slow and rigid, and the graft, apparently was off the charts.

They had so many hopes. "Yes, the Swedes! Let them crush the Chinese! Yes, Swedes are the real technological giant! Yes, investments! Yes, Scandinavian quality! Yes, the Chinese are doomed!"
Yeah, that's right...

The question "What happened to the Elon Musk's fairy-tale factory, which was positioned to produce 40% of the world's batteries?" has not been asked for a while. Now the time has come to say good-bye to the 'Nordic volt" as well.

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The Duran: Episode 2447

00:20:03
13 hours ago

Dnipro, Sunday 25 Jan, morning

It's cold in Ukraine still, this week will be another cold one, snowing again at the moment in Dnipro. We have never had this much snow in the 11 years I have lived in Ukraine, and it's certainly the longest really cold streak I can remember in Dnipro which is normally quite temperate due to the huge river.

For those who are interested, we are now sitting around 1.5-2 hours of electricity on, 10 hours off throughout Dnipro, and most of the country.

Attacks continue daily, and every day more energy infrastructure is damaged, more often now destroyed. Water pipes in the bigger apartments are freezing and bursting, why they haven't been drained I have no idea. Kiev is worst for this.

Dtek have stopped repairing after attacks if a lot of spares are required, openly stating the need to keep equipment for after a peace is declared, as they know after every repair, there is another attack. The dtek guys are hero's, I have said it many times, and always give them a tip when I see ...

Mile-high turbines ...

June 17, 2024
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A quick commentary on the "Piss Summit"
I might not be able to upload much more or do lives for a while

My Fellow Duranianss.

Yes, it's happened again. I have been assaulted by a vicious Malware Bot Virus or whatever 911 Socks is and this thing is bad ! 

However I wanted to give you a "peace" of my mind concerning the "Piece" or piss, as Elensky calls it, as this thing fell to pieces before it even happened.

Coincidentally on the very SAME DAY  this crap happened Saudi Arabia DROPPED the US Petrodollar as a buying currency and NO ONE absolutely NO ONE is talking about this fact anywhere !!!

 

Hope to see you all asap.

 

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September 29, 2023
Locals Community Private Telegram Messaging

Locals will be sunsetting the private messaging feature throughout the Locals website. In order to keep our private messaging active we have created a private Telegram messaging group called 'The Duran Locals.'

This is a private channel open only to our Locals subscriber community. In the private Telegram group you can send a message to the group or a private message to Alex or Alexander via a direct Telegram message. 

You can access Telegram for web, desktop or mobile here: https://telegram.org/

The link for this Telegram group is below (can be viewed by community subscribers).

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