SvennoJ said:
Yet one wonders if the budget the US has pumped into the military to basically defend the dollar as a world currency, if that could have been better spend on developing alternative energy technologies. Nuclear fusion could already have been up and running, a hydrogen fuel economy well underway with the US a leader in sustainable energy technology. But big companies don't like change and want to keep the oil dollars flowing for as long as possible. It won't last though, I wonder how our grandchildren will look back on mass air travel... |
Well it resulted in a strong dollar...and is one of those things Trump complained about because other countries like every year more EU countries are having a surplus in their expenses the US deficit has passed 20 trillion (or almost). Sustainable energy investments are not that low in US but compared to other countries it feels like it only cost money while others make money with it..
A nice example:
Tesla is basically in value almost the biggest car producer in USA but barely sells cars compared to the other ones and barely had a quarter where it made money. Tesla is basically a huge risk and can potentially can fall hard when an other USA manufacturer starts to sell the same kind of cars for less than the price of Tesla car (that by the way is stilll way to expensive for the average car buyer).
