Daily Archives: October 27, 2016

Thanks to the leadership of Elon Musk and Tesla–who history will undoubtedly record as a hero–the world is moving into an ICE- free (internal combustion engine) future at last. Germany-the country who has led the world in automotive engineering since … Continue reading →

China has provided several forms of vendor-take-back financing for the western credit/consumption bubble 2005-2015.  First by recycling its export profits back into US and European treasury bonds (which kept rates low and allowed more borrowing in the west), then by … Continue reading →