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Post by jeffolie on Mar 18, 2013 11:57:58 GMT -6
Where 'Channel-Stuffed' German Cars Go To Die 03/17/2013 Germany With the collapse of Europe's auto market, and the channel-stuffing that is rife in every car manufacturer in the world, it is no surprise that at the end of their brief lease periods, European cars (Audi in this case) are being led to this 'graveyard' in Germany (70 miles north of Munich). This car park of chaos is full of nearly-new cars meant for destruction so as never to enter the car market as a cheap alternative and to maintain a high-priced spare parts market. It seems the Keynesian profligacy or digging a hole to fill it in has progressed in the 21st century to building a car and crushing that car as the engine of growth for our economies. The site can be found here... www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/03/20130317_audi.jpgwww.zerohedge.com/news/2013-03-17/where-channel-stuffed-german-cars-go-die
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Post by jeffolie on Mar 18, 2013 13:21:04 GMT -6
any group you could gather would be shut out ... only the corporate favorites get govt manipulated markets to protect their high car profits.
The similarity to the US housing market for converting privately owned houses into coporate dominated rental comes to mind because of the destroyed free market being replaced to a crony capitalism market:
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Lots of manipulation and deals going on from the people who are most responsible for causing the issues
Crony Capitalism dominates America's housing market ... prices have been rising because of changing the 'free market' to a crony capitalism market:
1. govt bulk sales to Blackstone, et al is Crony Capitalism 2. near zero mortage rates to Blackston, et al is Crony Capitalism 3. strangling the bringing of house to market limits the supply is Crony Capitalism 4. keeping out those who are not Crony Capitalism favorites is fascism favoring corporations such as Blackstone.
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Post by jeffolie on Mar 19, 2013 13:39:51 GMT -6
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