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Venson


Joined: Jul 23, 2007
Points: 1900

News ? ? ?
Original Message   Jan 7, 2009 7:44 pm
HI,

I picked up a couple of interesting facts on the news -- or at least they are claimed to be facts.

One -- Americans have stopped buying cars.  In past, the average has been a new car about every three to four years.  It is now expected that car owners will revert to the practice from way back in the day of a new car approximately every seven to nine years.  Of course the question is, do any American car makers produce a car that last seven to nine years?

This also may have been discussed here but just in case . . .

Spending by the average American is claimed to have been percentage-wise the same for at least the ;last thirty years.  It only seemed we had more due to easily accessible credit.  We may have never been ahead of the game.

Venson
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