The Oil Drum | "Cash for Clunkers" Retrospective
This is exactly what the retarded auto industry has done since 9-11 when they started their “O down, O interest, O brains” gimmick that pulled forward demand and wiped out their own future. … Then there is always a response in the comments that it will be useless because it will take 15-20 years for the US fleet to turnover and everyone likes big SUVs, cars and trucks except when gas is too expensive, and it isn’t right now- which is of course all fairly true in the US. …
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The Oil Drum | "Cash for Clunkers" Retrospective







