In April due to lockdowns NOT A SINGLE car was sold in Shanghai, a city of 25 million in which 12 months ago 26k were sold. Across China car sales were down by 36% = world’s most important market.
bloomberg.com/news/articles/… https://t.co/dp1dCmQEuy
If underinvestment is one of the factors constricting supply of commodities/energy right now. The price collapse of 2014 is by
June 26, 2022
If underinvestment is one of the factors constricting supply of commodities/energy right now. The price collapse of 2014 is by far the most plausible explanation.