Monday, August 1, 2016

Solar companies and UBer

As in my posts many months ago, I stated to stay away from solar stocks even the best ones. They cannot compete with cheap Chinese solar panels (we fixed it by banning them to come in) and higher quality from EU. With falling oil prices, you can only compete with tax credits. The ad says "the government pays for the panels". What happens if the subsidies stop? 

UBer works better in China. Every city folk carries at least one mobile phone and their equivalent Apple Pay has been popular for a long while. In addition, they do not carry guns and they do not commit serious crimes (if you do and are caught, you die). The only obstacles are traffic jams and the efficient (clean and advance) subway systems.

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