r/nio
A picture is worth thousand words!
Author predicts a painful US market correction and investment shift to China, foreseeing a similar decline in Tesla's global EV sales.
- Investments are overdue to shift from Western markets to Asia, especially China.
- The US is facing an irreversible trade disaster.
- US stock markets are hugely disconnected from the real economy, setting up a painful correction.
There is no coming back from this trade disaster for the US.
It is long overdue for the investments to naturally shift from western markets to Asia, most significantly to China!
The huge disconnect of US stock markets from the real economy will not last forever and the much needed correction of this imbalance will be very, very painful for US investors.
I can see a similar map drawn for TSLA’s global EV sales in a few years time!
But allowing affordable EVs into the US and other western countries goes against their 'Wealth transfer' plan, which is basically to make everyone poor. Allowing affordable EVs slows down their plan significantly
Good!
You know what's real stupid.
We were getting most of our good from China as well.
Yes it’s is stupid; what we did in the West starting 1990’ies (Ronald Regan , Margret Thatcher combo) is we promoted globalism and convinced China to “open up their markets - delicious 1,5 billion customers - on the directions of our ever greedy corporate bastards, so that they could get cheap labour and take more profits.
China said “you’re welcome to China” , they manufactured everything and sold back to us, entire manufacturing got killed and Chinese , who ats more talented and better educated than us , improved unbelievably the logistics, supply chain and manufacturing process while we shut down the factories one after are the other . And ironically and stupidly we are now imposing tariffs on them, exactly opposite of what what we asked them NOT TO DO 30 years ago
🤦