"People are finally seeing reality," says Toyota. "This is a pretty brutal space," says Mercedes. GM sees the transformation to EVs as "a bit bumpy." Statements like these indicate the auto industry is in a free fall, along with customer demand. These execs should be wondering, "How stupid were we to buy into this stupid electrification scheme in the first place?" The "Green Panic" will continue.
Siemens is a pillar company of the World Economic Forum, which wants to flip the world into Technocracy. The problem? It won't work. It never has worked. Where Technocracy touches the free market economy, gangrene sets in. It's like anti-matter coming into contact with matter. The green economy is a free-fall collapse, but it won't deter companies like Siemens from pouring money down the drain.
Now Britain is finding out that investing in windmills for power was the stupidest thing ever. The very companies that they gave birth to are demanding higher and higher subsidies to bail them out of red ink. In fact, the industry has never been profitable and has only pushed electric rates into the stratosphere.
If the world only had EVs to drive, the cost of road maintenance would double. Roads require asphalt made from petroleum products. Do you see the false economy and hypocrisy? EVs will not save the world from evil CO2 or traditional sources of energy.
Morgan Stanley's future focus is on rewiring commerce for the WEF's Great Reset, decarbonization of the planet and, spreading technology into areas not yet penetrated. All three areas are promoting Technocracy and the likes of Klaus Schwab's Fourth Industrial Revolution.
This thinly-veiled screed of propaganda protests that the reason "green energy" programs are failing is because the price of traditional energy is too low. Further, if we don't fix this price disparity, we are not "protecting democracy." Thus, driving up energy prices protects democracy. This insane reasoning is the bedrock ideology of the Great Reset, Green New Deal and Sustainable Development, aka Technocracy.
The World Economic Forum says it is extending the concept of Sustainable Development as Regenerative Capitalism: "business practices that restore and build rather than exploit and destroy." This is yet one more propaganda phrase like Natural Capitalism, Smart Growth and Sustainable Development, aka Technocracy.
Brazil's top leadership understands the threat of Technocracy and rejects the World Economic Forum's intended Great Reset. As a result, its Administration is fighting attack hornets from all sides who are trying to drive them out of power
Roads and transportation are a major subject of sustainable development and smart cities (Photo: Challiyan. Source: Wikicommons)
Miles Elliott
21st Century Wire
