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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 years ago

China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff

www.bloomberg.com

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China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff

www.bloomberg.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 years ago
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Bloomberg - Are you a robot?
www.bloomberg.com
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https://archive.ph/tROuB

  • TheWolfOfSouthEnd@lemmygrad.ml
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    2 years ago

    What happens when the oil price crashes?

    • rando895 [she/her]@lemmygrad.ml
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      2 years ago

      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.

      • TheWolfOfSouthEnd@lemmygrad.ml
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        2 years ago

        We are living in such an exciting timeline…not.

        • rando895 [she/her]@lemmygrad.ml
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          2 years ago

          I mean, it is exciting

          • TheWolfOfSouthEnd@lemmygrad.ml
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            2 years ago

            It is. My favourite is Brits have been told that they have to die for Israel.

      • PolandIsAStateOfMind@lemmy.ml
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        2 years ago

        Though, hopefully leaders in the west are smarter than trying to beat a dead horse.

        Given what they did since 2020, huge X

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 years ago

      The US will be very unhappy.

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