JP, they got nothing else. if not for covid, then 2020 would be recession year. now they go full on green switch as it will cost trillions over next decades. there is nothing else to pin growth on. so yeah, there will be many hangers on frauds etc thats normal, but the governments in west are behind this as its the only way to get 2-3% growth over foreseeable future. and growth means jobs which means social unrest held off for a bit longer.
Mtl JP 15:31:50 GMT - 10/19/2021
red re "next 10-15 years of growth is in thanks to going green"
made me chuckle. Compagnies but paint their truck / equipment green, add "green" to their corp name / prospectus / ticker ... and pigeons' money pours in. I love the way in which money transfers from one pocket to another.
london red 13:01:45 GMT - 10/19/2021
can do one and done. but inflation getting out of hand. besides, next 10-15 years of growth is in thanks to going green. theres no question about that but that also brings inflation, so they have to move. nov not a done deal, but by early next year is.
Tallinn viies 12:43:37 GMT - 10/19/2021
london red 11:17 GMT - hehehe. right.
UK can not hike rates as their recovery is weakest in europe. so hiking rates will kill recovery hopes at all. no food in shops; no gasoilne; no workers; and rate hike.... listen, this is not realistic.
currently only talks. will talk few next meetings. are ready, will cosider and so on.
no real hikes anytime soon. this is not possible. UK economy will fall off after that.
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