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Old 19-04-2019, 12:10 PM   #117
Sprintey
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Join Date: Sep 2014
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Default Re: The 'Automotive Environmental' Thread - Electric Cars/Fuel Quality/Alternative Fuel

OK back on topic. Bloomberg has posted a thought-provoking article that suggests the whole electric car thing might just be another bubble, like so many before it:

https://www.bloomberg.com/news/artic...sting-in-china

Gotta admit I got caught up in the whole inevitability of it. Maybe it's temporary, and it will be Mazda who will be laughing all the way to the bank with their SkyActiv development of ICE for super-efficiency.



*Also, if you are not a finance guy, I will link an article below where you can learn how our whole money system works in one reading. It was done in 2008 after the GFC and author Erik Janszen thought the next boom would be the 'green' economy then - the last 10 years has seen the 'Everything' bubble instead. But the article is still very valuable because it shows you how these crazy debt-fuelled bubbles begin, how they end, and why each one needs to be bigger than the last. Here is the article, it's very good:

https://harpers.org/archive/2008/02/the-next-bubble/
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