The car industry would never sell these cars at massive reductions in their prices to get rid of them, no they still want every buck. If they were to price these cars for a couple of thousand they would sell them. However, nobody would then buy any expensive cars and then they would end up being unsold. Its quite a pickle we have gotten ourselves into. Instead of letting “deflation” do its damned job — that is, price things at market-level — the bastards in power let ordinary people twist in the wind. When I think of all the want out there and I see all of this waste — and it can’t be only with cars — I have to ask: How long do we intend to put up with this bullshit?
Every day brings a new revelation that shows Occupy Wall Street was correct.
We are trapped in a system that’s consciously designed to keep us in a state of want and frustration. Such a system is against the innate rights of man. Such a system is illegitimate and should not exist.
Update Monday May 19 2014: I’ve had to strikeout what no longer applies because the article turns out to be plagiarized and bullshit: That Zero Hedge Article On Unsold Cars Is Bullshit.
I, more than anyone, get the appeal of this story because it seems to largely rip off an article I wrote — including the images and headline — more than five years ago (which itself was largely a rehash of a Guardian article).