I've been warning about stocks since early last year and created a thread a couple of months ago to discuss what may be unfolding.
https://hotcopper.com.au/threads/breaking%E2%80%A6.6706459/
The global deleveraging that is now clearly underway will affect all stocks.
With a global contraction in GDP and trade, and deleveraging of debt based monetary systems, how do you all expect people will be able to afford to transition to EVs to justify the operation of AVZ's Manono project?
My view is that through widespread unemployment,. EV demand is about to slow markedly. We will see this in 2023 where EV's become a niche luxury purchase as crude oil prices crater.
All thoughts welcome.
Thanks
- Forums
- ASX - By Stock
- AVZ
- AVZ and global deleveraging.
AVZ and global deleveraging.
-
- There are more pages in this discussion • 136 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online