Is The Economy Just Now Falling Apart

PlunkettsGhost said:

View: https://x.com/goldseek/status/2002404683416031586
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Good to hear, although it never was a total ban anyway, as already mentioned.

I don't trust the car makers one inch on this, my suspicion is that it was they who were lobbying for a switch to EVs as the ultimate built in obsolescence scam thinking that slick marketing and government bullying would see people switch to EVs as peacefully as they did to diesels.

Oh boy, did they ever get it wrong!

Well feck the lot of them, especially as car prices will need to remain high to cover the losses made on this ill fated attempt to have their cake and eat it.
 
As with metals, the stock market itself seem to be in a blowoff parabolic phase.
 
Declan said:
As with metals, the stock market itself seem to be in a blowoff parabolic phase.
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The stock market is surely ripe for a massive crash at this stage, question is how big. Seems everything is placed in the AI basket, if that ends up as a case of the emperor's new clothes, we are looking at a massive reset...could make the Lehman etc banking crash look like the good aul days
 
jpc said:
It must kill these clowns to acknowledge that they screwed up completely listening to the greens.
Does the destruction of the German economy matter to them as the consequences.
Probably not as much.

German Chancellor Merz Admits Shutting Down Nuclear Energy Production Was A "Severe Strategic Mistake" | ZeroHedge https://www.zerohedge.com/energy/ge...uclear-energy-production-was-severe-strategic
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I wouldn't be expecting remorse to be shown by any politician, instead, they will be pointing to how they are building for the future, never acknowledging the past. It's what they do.
 
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