GXY 0.00% $5.28 galaxy resources limited

A nice 48 hours of trading.Now, it is unfortunate that Joe Biden...

  1. 820 Posts.
    lightbulb Created with Sketch. 327
    A nice 48 hours of trading.

    Now, it is unfortunate that Joe Biden has adopted the phrase 'build back better' as a slogan. Politically it is gibberish, but in its usual usage - referring to re-configuring an economy after a crisis - is much more useful.

    Urban planners, policy people in energy, housing and other fields etc, have been using the phrase quite a lot in this period.

    One of the areas in which it has been used is transport - both mass transit and private vehicles. Advocates in Australia are pushing for government investment in EV infrastructure, charging points etc, and also in incentives for EVs.

    Internationally, the stimulus push to recover may very well see a strong focus on EVs and other clean energy projects.

    This crisis isn't ending in a hurry. We've seen a sort of militant incompetence from some authorities in important countries (USA, Brazil, for example) which is really tragic. It's bloody tragic because this situation didn't have to be as bad as it is. However, when it does end, the drive for recovery may accelerate progress in some areas which may have been significantly slower under normal circumstances.



 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.