Japan recently attempted to merge Honda & Nissan

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101101

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So wave of mergers has begun. FCA in its merger with Peugeot is about to become Stellantis. This harkins back to when American Motors Corporation merged with Peugeot Citroen and lost US defense contracts because Peugeot Citroen were in large part owned by the French state. Not long after AMC went bankrupt or was about to go bankrupt when Chrysler (of Fiat Chrysler) acquired AMC assets including Jeep. And between then and now when Lee Iococca had Chrysler in the best shape it had ever been Daimler acquired it which was over all negative- in the divorce it married Fiat. So history repeats.

Gates keeps saying we have to go green but not at the expense of growth. That false dillema is an ouright lie. Green is real exponential growth. What he means by growth is the people behind the PNAC who gave us 911 and tried to trade what we had of freedom and democracy for oligarchy and tyrrany for personal gain and positioning now have to be able to continue to do that sort of thing and be the primary economic and political beneficiaries behind any gains going forward. Absolutely not! Lets say we tried to retain say the liquid fuel transport infrastructure for a new age of rocket based interplanetary commerce and asteroid mining. And lets say we used closed loop natural gas processing to generate methox fuel. Is there a way where we wouldn't be better off energetically and environmentally but most importantly politically by just using wind and solar and batteries to synthesize it from air and water? Answer is no! Not just no, but hell no!!! Using fossil fuel sources just adds CO2 and unavoiable extra heat pollution where the CO2 component has to be scrubbed back out by true green in total duplicative waste. It is always much more expensive and more environmentally destructive and politically unworkable to even try to keep the fossil fuels. So if this bankrupts Gates that is the result of his own foreseeable economic and political errors and society has no obligation to fix that for him. Quite the contrary. It has the obligation to reward the right signals in terms of what actually benefits society.
 
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