"Cash for Clunkers" Program Ends; Car Biz back to Square One - Diesel Forum

drcampbell · 10-02-2009, 11:04 PM

Cash for Clunkers ends; car sales decline by 41%. What a surprise!
http://www.nytimes.com/2009/10/02/bu...1&ref=business

J.C. · 10-06-2009, 06:54 PM

The solution to that problem is to borrow more money off of China to give to Japan and make it permanent this time.

Ro39 · 10-06-2009, 07:34 PM

....and if nobody buys fuel of thursday, it will flood the market and get it back down to .25/gallon for friday. i see emails and facebook things like this all the time from "educated" people....its amazing how people dont understand supply and demand.

JC, i hate to burst your bubble but there have been a few countries meeting to discuss still accepting US dollar for oil trade. thats why gold skyrocketed today.

BobR · 10-07-2009, 10:09 AM

If you wanted to write a plan that would guarantee the fall of the dollar, you couldn't do much better than what we've done in recent years.

checkthisout · 10-07-2009, 06:58 PM

30 years of financial deregulation will do that to a country.

AK_Gandy · 10-07-2009, 09:51 PM

Quote:

Originally Posted by checkthisout

30 years of financial deregulation will do that to a country.

Good point.

By listening to some of the comments around here, a person would think that this is a new phenomena that started last January.

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Ro39 · 10-08-2009, 01:37 AM

i dont think anybody is putting blame on any certain person if that is what you are suggesting....i think the concept/strategy is being scrutinized.

also, i dont care when it started, im concerned with when it will stop.