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Re:Economic Termites Are Everywhere: stats hide the experien... by AnimalMuppet on Monday June 10, 2024 @08:22AM (#40632794)
I don't believe it.

Take cars specifically. The US makes 11 million new cars a month. If regular people can't afford them, are billionaires really buying up all those cars? How many new cars does a billionaire need? Where are they parking them all?

I can believe your explanation with money. I can even believe it with houses, with rich people buying up houses as an investment. But I can't believe it with cars. Regular people are buying new cars, and regular people think they can't afford new cars. How do we make sense of that?

Re:Economic Termites Are Everywhere: stats hide the experien... by CPLX on Monday June 10, 2024 @01:23PM (#40635839)
Because cars wear out and are scrapped? Not sure where you're going with this.