Has the EV mania topped out? From Eric Peters at ericpetersautos.com:
You have probably seen Titanic, the movie about the sinking of the White Star liner starring Leonardo DiCaprio. When the ship first strikes the iceberg, few onboard appreciate what it means. Some of the passengers played with the chunks of ice that shaved off the berg as it gave the ship what amounted to a Godfather kiss.
Even when the ship began to sit noticeably lower in the water, it took some time for the panic to set in. That happened just before the ship began its plunge to the bottom, three miles down.
It may be just about that time for the Great Ship EV, too.
It has been listing for some time already, though few have noticed the signs. Perhaps because so many of them have not wanted to see them – especially those who have been assuring everyone that, in effect, the Great Ship EV is unsinkable.
But then came winter, which has done to the Great Ship EV what the iceberg did to the Titanic.
“For many generations, so long as the divine element in their nature survived, they observed the laws and loved the divine to which they were akin. They retained a certain greatness of mind, and treated the vagaries of fortune and one another with wisdom and forbearance, as they reckoned that QUALITIES OF CHARACTER were far more important than their present prosperity. So they bore the burden of their wealth and possessions lightly, and did not let their high standard of living intoxicate them or make them lose their self-control, but saw soberly and clearly that all these things flourish only on a soil of common goodwill and INDIVIDUAL CHARACTER, and if pursued too eagerly and overvalued destroy themselves and morality with them. So long as these principles and their divine nature remained unimpaired the prosperity which we have described continued to grow. But when the divine element in them became weakened by frequent admixture with mortal stock, and their human traits became predominant, they ceased to be able to carry their prosperity with moderation. To the perceptive eye the depth of their degeneration was clear enough, but to those whose judgment of true happiness is defective they seemed, in their pursuit of unbridled ambition and power, to be at the height of their fame and fortune.” – Plato, Critias.