The EV “Rust Belt”: When Government Picks Winners—and Loses

Podcasts > The Watchdog on Wallstreet

Welcome to The Watchdog on Wall Street Podcast. Author, investment banker, consumer advocate, analyst, and trader Chris Markowski exposes the lies and myths of the big brokerage firms, the mainstream press, and the government. Chris explains the news coming out of the complex worlds of finance, economics and politics and the impact it will have on everyday Americans.

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Wednesday, April 1, 2026

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A new “EV rust belt” is emerging across the Midwest as subsidized electric vehicle projects stall and factories sit empty. This critique explores how government-driven investment, instead of market demand, led to overbuilt capacity, costly write-downs, and unintended economic fallout—raising questions about the risks of centrally planned industries.