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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.96-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (138397)1/20/2018 7:51:18 PM
From: Maurice Winn  Read Replies (4) of 217822
 
In Japan, which is leading the way for the world with their rising sun emblem being appropriate, the rest of us can gain some insight to good living. VVV are strong in Japan.

Peak Roads is one thing to note. As predicted by Mqurice the Marvellous several years ago, in many countries they are now at Peak Roads. There will be tinkering and maintenance but the need for swathes of new highways is over.

As autonomous autopilot vehicles take over from large stupid drunk distracted and dozey primates vehicles will travel inches apart and much faster. Traffic lights will be gone. Cars will not be parked by the million blocking roads because people won't want to own a car. Being a passenger will be better. I will travel in a luxury car instead of my 1998 Camry which is showing its age. I find it hard to let go of old friends.

Even now Uber is not far off competitive and they still need a driver. When $1 million capital cost of a taxi is removed leaving only the $20,000 vehicle capital value, a trip to the airport or anywhere will be tiny.

$20,000 spread over 10 years = $2,000 per year and per 50,000 km = 4c per km plus maintenance and electricity plus road tolls.

Tyres and electric motors need little maintenance. Roads have been built so tolls would be just a means of taxing people and preventing traffic jams by correct pricing. Electricity is cheap.

Your mileage will vary.

Maybe a $20,000 car would last 20 years. Obsolescence is more likely to be the issue than rust, wear and tear, and oil leaks as now. So maybe 10 years us about right.

Used cars from Japan might be getting much cheaper in New Zealand as the Japanese upgrade to Cyberspaced autocars.

Mqurice
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