RE:RE:CREDIT RATING UPGRADE B3 TO B2 BBD.B DROP! Governments are forcing ICE vehicles into obsolescence over the next 20 years. It's a friendly move for the environment, but these knuckleheads don't have the funds to upgrade our tired electrical grid to accomodate everyone driving EV's by that time.
Right now, we get a month of hot weather and the grid is taxed to the max, we get brown-outs or it goes down. Our Federal gov't is running a record deficit and is expected to grow more. With interest rates climbing, the cost to service that debt every day also grows.
Meanwhile, we have a tens of thousands of boomers retiring daily sucking up OAS with a decreasing labour force. So, where are the massive funds going to come from to upgrade an outdated electic grid so that an entire population can juice up their EV's over night... all at the same time?
bicente wrote: Shamhorish wrote: What would have happened if credit rating was down rated
the answer = no one know
mr market fix sh price to the scavengers advantage,
they can not do that to Boeing, Airbus, etc,
only to Canadian industeries
the sharks target what they can ...big news about targeting Banque TD being shorted , and I have some money tied in there too ... who knows how they will play it but right now we are down ..some news saying the Canadian banks are at risk , which I don't believe ...thankfully I had time to remove most of my holding from the banks to Desjardins ... now I know why the banks gave me such a hard time to transfer out my money from them towards Desjardins ... you just never know what the crooks are planing and staying ahead of them is nearly impossible but I give it my best shot ... next big problem coming is construction , a few contractors here are slowing down/cancelling projects ... that will trickle down to lost jobs and an even bigger lack of housing ... if you want to write a book on incompetence all you have to do is look into how the Quebec govt makes dicisions , what a disaster ..how turn a beautiful place with great hard-working people into a chaos-filled disaster ... BTW I'm happy I didn't buy an electric car ..lmao @ hydro-quebec who raises prices , gives bonuses to management yet loses Volkswagon's battery plant because it could not furnish enough electricity to the new plant .. and now 30% of Montreal has no power for 24 hours ... I wonder if the American power line workers coming to help will have to speak French to work on the lines ? ...lmao