How fast energy prices will drop depends country by country....Malaysia very slow. China Australia Europe America very fast... malaysia had to protect Petronas and oil giants
We eat sand ker if energy prices drop very fast in China Australia Europe America. So gov can get less and less money from Petronas every year. How? B40 needs handouts every year since Bossku started giving Br1m to B40. So gov bolehland will increase taxes to its citizens later??? Bursa will die because increasing taxes.
Posted by qqq47660 > Aug 23, 2023 9:15 PM | Report Abuse How fast energy prices will drop depends country by country....Malaysia very slow. China Australia Europe America very fast... malaysia had to protect Petronas and oil giants
ev are being sold in China at prices below ice cars, the disruption and the s curve are real and there is nothing that toyota and exxon and anti China utubers can do to reverse it.
We eat sand ker if energy prices drop very fast in China Australia Europe America. So gov can get less and less money from Petronas every year. How? B40 needs handouts every year?
But the real story is not this. The real story is that the mass media has failed to inform people of of the pace of technology improvements in green energy, in batteries and the supply of green energy in China Australia Europe America.
Xi Jinping: "China's economy is an Ocean not a puddle. Sometimes Ocean is calm, sometimes stormy. Change of weather can wipe out a puddle but Ocean will still be Ocean................I think its true la.
Yields on US Treasury bills, a 100% risk free rate are now way higher than earnings on S&P 500.
That equates to a potential 50% drop in US equities paralleling those trillions USD from FF entered US in June July August 2023 that propped up US equities as local Americans sold out.
Some believe however that FF will continue to flow into US to prop up US equities.
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Posted by qqq47660 > 2023-08-23 20:01 | Report Abuse
U underestimate the guy. His motive is not press press girl. But bigger catch.