Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (67082)	8/7/2005 2:10:52 PM
From: Slagle	Read Replies (1) \| Respond to of 74559

moominoid Re; "demand" I guess the point I am trying to make with all this talk about hot rod cars and the rest is that there was back before the first "oil crisis" a sort of "mania of consumption" and I really do believe that there is a sort of mania today, possibly a worse one. You could say that back in those days that not everybody drove a Corvette or hot rod Chevelle but this sort of thinking was far reaching. In 1970 my elderly and very conservative mother goes to trade in her antique for a new car and she winds up with a sporty two door hardtop with a 350 V8 that had nearly 300 hp and she kept the car the rest of her life. It would fly. But back then, even back in the 1950's there were real economy model cars available. Small simple cars with great mileage and this even with the really cheap gas available then. Likewise with houses, much smaller are more reasonable. Now you see cars like the worst of the 1960's muscle cars and I can't think of any really "economy" type cars on the road, except for these expensive and complex "hybrids". And all these McMansions, I don't care how much insulation you use or whatever the "R" value of the double insulated window is, the energy consumption is mostly a function of the size of the house in inclement weather, and now they are "super size enormous" for people that have no children. Its another mania just like the 427 tri-power Corvette. Slagle