Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans
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Automotive

The Progressive Moment in Global Politics Is Over (WSJ)

Introduction LO: This Wall Street Journal (WSJ) article (see below) was written before the recent decision of the liberal-left Canadian Prime Minister to resign. His resignation is further evidence of the validity of this WSJ article. In my view, the pendulum in Politics used to be between conservatives (“Right”) and Labour (“Left”) until about 1980. Growing wealth...

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Did ignorance beat arrogance?

"Ignorance is bliss", according to an 18th-century poem by Thomas Gray. Listening to ignorance can be quite funny, unlike arrogance. Hence, I wonder if the ignorance of the conservative-right has beaten the arrogance of the liberal-left on November 5. To some extent, the same is happening in Europe. The arrogance of the liberal-left manifests itself in topics like...

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China’s manufacturers are going broke (Economist)

Introduction LO: The article below is an example of why China is curtailing its distribution of data-info to foreign governments and markets. For example: see the “too sensitive” comment in the 6th paragraph of the Economist article below. The article is also an example of the dangers of an absence of a dualism beween Knowledge and Power. In monism, everything is...

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A global internet blackout?

Early 2022, a subsea internet cable was cut. TBO: “The cable is operated by Space Norway, and also serves the SvalSat park of more than 100 satellite antennas. SvalSat is today the world’s largest commercial ground station with worldwide customers.” Given its purpose, sabotage was likely. The Barents Observer: “ “The failure did not in any way change the ability to...

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Apple cancels its autonomous electric car project

Intro LO: Apple’s decision (to cancel its autonomous electric car project) may well be far more important than it looks like. Probably, it will also imply that Tesla will never be able to deliver on its many (similar) promises. Once that thought sinks in, Tesla’s share price will sink further. Autonomous driving has five (or six) levels (source): Level 0: no Driving...

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Hertz pops its EV bubble (Reuters)

Reuters title: Hertz pops its EV bubble By: Joseph White, Global Automotive Correspondent Date: 12 January 2024 "Hertz will dump 20,000 electric vehicles, many of them Teslas, from its fleet and buy more gasoline cars instead, slamming the brakes on an electrification strategy that has proven more costly than management expected. Hertz shares slumped on the...

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