Financial Survival Network, Released on 6/7/24

Kerry Lutz and Wolf Richter discussed various topics related to the evolving landscape of different industries. They analyzed the challenges faced by office buildings in major cities due to remote work and the potential for repurposing suburban office buildings into residential developments. They also explored the impact of de-globalization on intellectual property concerns and the challenges faced by manufacturers operating in China. Additionally, they discussed the resilience of electric vehicle sales and the evolving landscape of the automotive industry. Furthermore, the speakers emphasized the potential benefits for utilities from the increasing adoption of EVs and the role of battery installations in managing electricity demand and supply. They also expressed concerns about the energy consumption of AI data centers and the implications for the electrical grid. Overall, the discussion highlighted the complex and far-reaching implications of technological advancements and societal changes on various sectors of the economy.

Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries.

  china, Deglobalization, economy, Wolf Richter