Governor Christie may have inadvertently helped support Putin for a possible Palladium squeeze. His well known support for the car dealership model in New Jersey has already been criticized by Tesla and Elon Musk. The move is clearly provincial and lacks forward thinking.
Now the Palladium market is waking up and scaring consumers about the future price of a car. Catalytic converters need Palladium. Russia is the planets number one source of Palladium. Green cars such as Tesla are helping America reduce dependence on foreign dictators and helping solve the pollution problem.
Governor Christie may be in with some local car dealers but he is not helping with America’s strategic interests.
George Gutowski writes from a caveat emptor perspective.