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I think GM, Ford, all of them see the global writing on the wall. We're being pushed into a future where only the very upper crust will be allowed to own cars, own homes, eat steak, heat and cool their homes to their desired temperature, travel freely, etc.
Everyone else will subsist on bugs, take public transportation, use inferior, but more 'climate friendly' appliances, live in densely populated '15 minute' cities.
So they're moving to a business model where they produce substantially fewer cars, but have much higher margins.
My long term goal is to ensure my children are part of the 'upper crust'. For the first two, mission accomplished. For the next two, they're on track, one is going pre-med, then medical school, the other one is on an Ivy League college track. The youngest...let's just say someone has to dig ditches so unless he can make a ton as a professional video game player he may end up digging.
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