- cross-posted to:
- news@hexbear.net
- worldnews@lemmygrad.ml
- cross-posted to:
- news@hexbear.net
- worldnews@lemmygrad.ml
What happens when the oil price crashes?
Petro dollar collapses too. The west blames China and probably Russia for economic disaster and huge unemployment (even though it’s the wests fault for not planning for that inevitable reality).
Civil unrest in the west, potentially war with China unless NATO collapses first.
Many bad things for the people in the west since our entire political economic system depends on cheap energy facilitating “infinite” growth (of GDP at least).
Though, hopefully leaders in the west are smarter than trying to beat a dead horse.
Though, hopefully leaders in the west are smarter than trying to beat a dead horse.
Given what they did since 2020, huge X
We are living in such an exciting timeline…not.
I mean, it is exciting
It is. My favourite is Brits have been told that they have to die for Israel.
The US will be very unhappy.
China is far from perfect but here they could produce the data that shows the rest of the world how the mobility transition could be done.
The data is that China spent a lot of money on developing the industries needed for electric vehicles. If you’re a developing country trying to build out your own infrastructure, it is probably going to be cheaper to buy Chinese to fill gaps that the local economy can’t fill.