Tianqi Lithium issues profit warning and halts expansion
The Chinese miner warned that it expects to post a net loss of as much as 8.2 billion yuan ($1.1 billion) for 2024.
In July 2007, one year after the housing bubble peaked and five months before the beginning of the Great Recession, Citigroup CEO Chuck Prince talked to the Financial Times about the health of the housing market.
“When the music stops,” he said, “things will be complicated. But as long as the music is playing, you’ve got to get up and dance.”
