'Sheer arrogance'
OPINION: A reader recently called out the Hound for not giving Federated Farmers enough credit for taking Otago Regional Council to task on its dodgy rule changes.
Electric cars and 'fake meat' were both lauded as world-changing, and lefties and progressives the world over proceedded to ram them down our necks.
However, put the last 5 years sales data of fake meat darling Beyond Meat on a chart and it looks very similar to that of EV sales - boom and bust.
Once the hype and government incentives were gone, real-world demand for both things crashed.
Investors in both categories have been burnt but hopefully learned a lesson: if actors, musicians and Green Party MPs say they've found 'the next big thing', leave your money in the bank.
