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Economy
Is The Economy Just Now Falling Apart
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<blockquote data-quote="Mad as Fish" data-source="post: 148390" data-attributes="member: 396"><p>With regards to the automotive industry I think it was a question of greed and arrogance. The companies just got too big and in seeking ever bigger profits they saw a switch to EVs as the golden goose that would represent the ultimate in built in obsolescence, so they rounded up the politicians, surreptitiously backed the greens and staged a fake 'discovery' of emissions fiddling, and the rest is history.</p><p></p><p>Turned out though that people do not want EVs however much marketing you throw at them and the Chinese were well ahead, plus they have control of the materials required to build the batteries.</p><p></p><p>Cock up or conspiracy? I think it a bit of both.</p></blockquote><p></p>
[QUOTE="Mad as Fish, post: 148390, member: 396"] With regards to the automotive industry I think it was a question of greed and arrogance. The companies just got too big and in seeking ever bigger profits they saw a switch to EVs as the golden goose that would represent the ultimate in built in obsolescence, so they rounded up the politicians, surreptitiously backed the greens and staged a fake 'discovery' of emissions fiddling, and the rest is history. Turned out though that people do not want EVs however much marketing you throw at them and the Chinese were well ahead, plus they have control of the materials required to build the batteries. Cock up or conspiracy? I think it a bit of both. [/QUOTE]
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