Yeah, green energy and batteries and electric vehicles and the like are the future, even if the regime is trying to stop the march of history by ending all the government incentives and canceling projects and doing trade wars against China’s green tech industry. There’s no where else for the capital to go. Trump can stand in front of the avalanche and scream “STOP!” all he wants, he might be run over by the sheer momentum that’s building right now once the AI bubble stops parasitically feeding on the real economy.
Probably not, though.
I mostly expect the US to enter a Lost Decade of low growth+high inflation, and for China to inherit the world economy.
I mostly expect the US to enter a Lost Decade of low growth+high inflation, and for China to inherit the world economy.
Sounds about right. I think our Canadian economic managers, as neolib as they are, are preparing to respond with various public spending on infrastructure, housing, green tech, mining and processing, and military. I think it’s likely to be at least somewhat competent. That said given our massive exposure to the US market I’m still afraid for what savings I have.
Yeah, green energy and batteries and electric vehicles and the like are the future, even if the regime is trying to stop the march of history by ending all the government incentives and canceling projects and doing trade wars against China’s green tech industry. There’s no where else for the capital to go. Trump can stand in front of the avalanche and scream “STOP!” all he wants, he might be run over by the sheer momentum that’s building right now once the AI bubble stops parasitically feeding on the real economy.
Probably not, though.
I mostly expect the US to enter a Lost Decade of low growth+high inflation, and for China to inherit the world economy.
Sounds about right. I think our Canadian economic managers, as neolib as they are, are preparing to respond with various public spending on infrastructure, housing, green tech, mining and processing, and military. I think it’s likely to be at least somewhat competent. That said given our massive exposure to the US market I’m still afraid for what savings I have.