as bad as the economic outlook is, there is one certainty (IMHO) - the transition to electrified transport.
it is game over for ICE Too much data, too many posts, too many posters to reference...This transition will happen in spite of any economic slowdown, and may in fact help us come out of a global funk as the cost base of transport (and energy more broadly) will be lowered.
The main thing we need to stimulate the economy is wealth transfer - too much money in the hands of the few. Central banks firing the only weapon they know - interest rates. It's time they stepped back and forced politicians to deal with the real issue - inequality and the stagnation of real wages for the vast majority of the worlds working population.
just my 2c on a slow start to this Monday..,
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