The EV Graveyard Reckoning, Hardly Anyone Wants to Buy a Used One

via Mike Shedlock: The market for used EVs is plummeting. What will car rental companies do with the used ones? Problems started in China but have spread to Europe and the US. China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities Bloomberg notes China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities A subsidy-fueled …

READ MORE

Not long before high street banks are all in the graveyard!

Well, the parking is free…https://t.co/xdvbKsr1K6. — Dave Dietz (@WiscoDaveTRO) December 1, 2023 Barclays customers in Hove will have to do their in-person banking from a van in a local graveyard as the bank closes its last branch in the area next week… https://www.telegraph.co.uk/money/banking/barclays-closes-branch-tells-customers-use-van-graveyard/#:~:text=The%20van%20is%20temporarily%20being,Monday%20from%2010am%20to%203pm Overdue Office Loans Are New Pain Point for Banks in FDIC Report …

READ MORE

Nick Giambruno: The Graveyard of Empires: The Top Investments as the World Order Collapses

Guest Post by Nick Giambruno via internationalman.com “You have the watches, but we have the time.” The Taliban often referred to this old Afghan saying when discussing their fight against the Americans. Ultimately, they were proven correct. After almost two decades of conflict, an insurgent army from one of the world’s poorest nations inflicted a …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.