Interest for EVs is growing rapidly around the world due to the Iran-war and its related energy crisis
and fuel prices won’t come down to pre-war levels anytime , last week FT estimated they would only reach pre-Iran war levels by the end of 2027 in most markets
So Trump is about to cause a US recession, he’ll end the deflationary AI supercycle build-out, he’ll solve Russia’s budget problem by sending Brent to $146 as of today, and he’ll cure China of their export glut. All in exchange for zero strategic goals accomplished and quite a few allies antagonized.
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Submission statement:
Interest for EVs is growing rapidly around the world due to the Iran-war and its related energy crisis
and fuel prices won’t come down to pre-war levels anytime , last week FT estimated they would only reach pre-Iran war levels by the end of 2027 in most markets
*Chinese EV overcapacity exists
Trump:
https://preview.redd.it/ih1aapa95aqg1.png?width=300&format=png&auto=webp&s=78413ce851c83265baa1b39c86ce669d48f30907
So Trump is about to cause a US recession, he’ll end the deflationary AI supercycle build-out, he’ll solve Russia’s budget problem by sending Brent to $146 as of today, and he’ll cure China of their export glut. All in exchange for zero strategic goals accomplished and quite a few allies antagonized.
Lethality: maximized
Moment status: bruh