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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: robert b furman who wrote (12721)5/22/2024 12:47:05 AM
From: elmatador1 Recommendation

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E_K_S

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Hi Bob, The Chinese communist Party moved the capital from real estate and put it into manufacturing.

As they chose EVs, it struck right into the major exports of the Europeans. Cars and fuels. They panicked.

It might be the same case for the US as carmaking and fuels' industries would be decimated by cheap Chinese EVs' imports.

But those who want EVs and internal combustion engines banned are the Westerners. The Chinese just jumped at the opportunity.

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