Weak China and Europe Economies

China GDP was negative 2.6% in the April-June period on a quarter-over-quarter basis but was +0.4% expansion compared to the second quarter of 2021. It was China’s worst quarterly performance since a 6.9% contraction in the first three months of 2020 as the country locked down the city of Wuhan, where the new coronavirus was …

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Meet Kevin and Bloomberg are Wrong that Volkswagen Will Beat Tesla in EVs by 2024 and 2025

Bloomberg has predicted that Volkwagen Group will outsell Tesla for battery electric vehicles in 2024 and 2025. This is utterly ridiculous. They project Tesla will cap out at 2.3-2.5 million per year car sales. Tesla will have a runrate of 800k cars in China annualized with no shutdowns and 600k in Fremont. They will get …

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Tesla Killers or Tesla Kills Competition

There is a lot of confusion and misinformation when we look at electric vehicle competition. There are many common mistakes or problems in reported EV data and analysis. * there is the inclusion of plug in hybrid vehices with battery electric vehicle sales Plug in hybrids (PHEV) have combustion engines. Norway has seen PHEV sales …

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France, Korea, Belgium, UK, China Will Expand Nuclear Energy

The UK has setup a new program called Great British Nuclear, which has the goal of building up to seven new nuclear reactors by 2050. They will identify sites, cut through red tape to speed up the planning process, and bring together private firms to run each site. The United Kingdom currently has eleven operable …

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Russia’s Military Would Fail Against Poland or Turkey

Russia is still slowly taking some smaller cities in the southeast of Ukraine but the Kyiv offensive is bogged down. What we have clearly learned is that Russia’s military and its equipment remain second rate. Russia has taken significant chunks of Eastern Ukraine but that seems to be the limit of their capability. Russia would …

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Putin Chooses to Be China’s Flunky Instead of the USA

There are various reports about Putin having decades long anger at Russia losing the Cold War to the West. Putin felt humiliated that Russia was treated as second rate by the West after the USSR fell. Big tough Putin and Russia with nuclear weapons demanded respect and is forcing respect by taking maybe half of …

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Ukraine Gets 70 Fighter Jets

Ukraine is getting a total of 70 fighter jets from Bulgaria, Poland and Slovakia. Russia already had failed to establish air superiority. Germany is sending antiaircraft missiles. This is significant military hardware. The economic sanctions triggered a bank run in Russia and have given Russia about a 30% hit to its economy. Inflation in Russia …

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