Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Last week, the Rabid Capitalist identified the launch of the final stage of the green investment cycle when losses and write-downs are realized (see https://therabidcapitalist.com/2023/10/17/the-green-cycle-has-turned-red/). The automobile industry has suffered disappointing investment returns and capital flight from their misadventures with electric vehicles. The losses have only begun to be realized.
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