Quote:
Originally Posted by Shanis
Today I´ve read that japan now supports their own car trade, they want to do the same as germany, france, england etc do (for whom who don´t know yet: if you buy a car in this countrys you get extra money for scrapping your old car). This may help the car trade in the short term but not in middle to long term because people who now buy the car would buy the car in the next 1 or 2 years anyway. And with the support the government looses money just to make the companys get some money one or two years earlier but to loose the buying power for the next years. In addition the workshops and other trades will have less work because new cars don´t have that many things to be repaired nor that often. I wonder what will happen in the next years with all the economis in the world after such a crisis^^
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I agree, this is almost like the same technique used by US housing mortgaging companies, it will only diminish the value of cars and a lot will lose their jobs when the bubble burst.
Can they see that cars aren't cellphones you can trade an old one to get a new one.