Referenced article: https://seekingalpha.com/article/422515 ... 023-beyond
The Impending Big Auto/Oil Implosion - Early 2020's to 2025
- EV (Evlectric Vehicle) sales will boom when they're "slightly more attractive".
- ICEV (Internal Combustion Engine Vehicle) sales will plummet when EV's are "slightly more attractive".
- Oil prices will plummet when EV's are VERY much more attractive.
- Oil over-supply will create a need for the world's ENEMIES (China/USA/Russia/Canada[!?], AKA the Oil Producers) to cooperate to limit supply (and hold up prices),.. at which they will fail.
- 5G communications will start to become very widespread in 2020.
..5G will be nicely "broken in" in 2023ish.
..so, I have a bit of time to get my trusty boat ready! Yay...!!
Aloha gangies! <shaka nui!>