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A comment on Why is the stock market rallying when the economy is so bad?. Parent comment

Re:Why is the stock market rallying when the economy is so bad? by pineaux on Sunday May 10, 2020 @04:23PM (#23135829)
You think Volkswagen makes cars for the poor? Show me a poor person who can buy a new car and I will show you someone who is borrowing.
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Re:Why is the stock market rallying when the economy is so bad? by xondono on Monday May 11, 2020 @04:02AM (#23139868)
I didn’t imply that they made cars for poor people, I implied they don’t make cars for rich people.

There’s a lot of people that are neither poor nor rich, that people keep thinking in those terms baffles me.

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Re:Why is the stock market rallying when the economy is so bad? by HPsquared on Sunday May 10, 2020 @08:03PM (#23137481)
"Cars for the rich" is not their MO.
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Re:Why is the stock market rallying when the economy is so bad? by sudosysgen on Monday May 11, 2020 @01:10AM (#23139088)
Their MO used to be "The People's Car".

The People do not buy new cars without massive credit anymore, and in general do not buy new cars at all.

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Re:Why is the stock market rallying when the economy is so bad? by xondono on Monday May 11, 2020 @04:04AM (#23139888)
“They do not buy new cars” is a great way for car manufacturers to lobby for more benefits.

Looking at sales numbers, “they don’t sell as much as they used to” is waaaay more accurate.

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