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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (53237)3/1/2022 1:06:00 PM
From: ajtj99  Respond to of 97560
 
Yeah, but they subsidized them in 2010 and 2011, yet they still went up in price because the subsidies got too expensive.

It's like when Iran was selling gas to their citizens for something like 20-cents a gallon several years back and had to go up in price to something like 60-cents. People driving Chevy Suburbans in Tehran were up in arms.



To: Sun Tzu who wrote (53237)3/1/2022 1:12:22 PM
From: Jacob Snyder1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97560
 
Yes. But can they continue subsidies, if prices keep going up? Rich and middle-income nations (China, Brazil, Japan) can afford this. But not nations like Egypt.


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