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Shared in Fuck Cars@lemmy.world 4 days ago
0/2000
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legacy_warrior_104@lemmy.world a day ago
The quoted post is based on this original X post from Unusual Whales:
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buzz86us@lemmy.world 3 days ago
And now the local wants to have to commuting tax… Y’all better dig up the pavement and put those trolleys back in service. If I’m going to have to take transit it better be free of traffic
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alcoholicorn@lemmy.ml 3 days ago
When I was in Almaty, Kazakhstan, they had trolly rails laid in the median during the USSR. And right next to them, chinese trolly buses with 2 pantagraphs.
Presumably this tells us its cheaper or faster or more politically feasible to steal the parking lane and build 2 pantagraphs on either side of the road and use rubber-tired, electric-overhead buses than to refurbish existing track in unused RoW and build 1 pantagraph.
we is doomed!@lemmy.world 3 days ago
Presumably this tells us its cheaper or faster or more politically feasible
cheaper… in the short term, endless tire replacement going foward
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likebudda@reddthat.com 3 days ago
The car I bought new in 2017 just ticked over 100k miles. I estimate I’ve spent $50k over these 9+ years on car payments, interest, gasoline, maintenance/wear items, mods, and insurance for something that is parked for 95+% of the time. Ride share cannot beat $0.50/mile yet, I’m hoping my current car can last until it does.
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zjti8eit@lemmy.dbzer0.com 3 days ago
I have owned a car for 30 years, and never got close to $50,000. I once made the poor decision to buy a brand new $19,000 VW in 2009, never again. Only suckers buy new cars.
we is doomed!@lemmy.world 3 days ago
Only suckers buy new cars.
well you need them to or you’d not be able to buy used. Having no choice though ? that’s what sucks.
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alcoholicorn@lemmy.ml 3 days ago
Passat? My dad made the same mistake. German engineering lmao.
Meanwhile the 2006 toyota I inherited from him still runs fine, though the paint and the plastics are sad.
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Jiral@lemmy.world 3 days ago
How much have you spent on maintenance, repairs, fuel, insurance, fees, taxes etc for your cars in those 30 years?
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ITGuyLevi@programming.dev 3 days ago
I had to get something to pull a small trailer (like 2,900 dry weight). The literal cheapest option in 2023 was a Jeep Grand Cherokee and it was 44k sticker. I wish I could find an older pickup but people realize what they have and are charging so damn much for them.
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lilith267@lemmy.blahaj.zone 3 days ago
I know the used market can vary by region, but if you live in the US I find it hard to image not being able to find a running 90s f-150/250 for under 5k, or a mint condition one for under 10k
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Eat_Your_Paisley@lemmy.world 3 days ago
I’ve taught car maintenance and repair to single soldiers for almost two decades. The issue with the Internet’s default to buy used is unless you can repair it yourself or have someone that can work on your car cheaply it might not be the best call.
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Buddahriffic@lemmy.world 3 days ago
Hell, even being able to diagnose problems a bit can help avoid being scammed by places recommending unnecessary repairs or maintenance.
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Shindo66@lemmy.world 3 days ago
Oh and as someone who worked as the guy who told you all the stuff that needed to be done at a shady dealership, they will definitely recommend whatever they can. And then its $180 and hour for labor and its .5 hours of labor to change an air filter. I couldn’t cut it in that world…
UnderpantsWeevil@lemmy.world 4 days ago
Listen, I agree in practice.
But I would not quote “Unusual Whales” for economic advise. This is an AI account that posts “hot tips” for attention.
The deliquency rate for auto loans has been in headlines since at least March. This is a big show slow ship and it’s bait to assume some AI account is going to tell you the day it goes down.
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JC5@lemmy.world 3 days ago
yep AI has gotten so good that even people that hate it can’t even detect that it’s an AI account.
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Corn@lemmy.ml 3 days ago
Someone not paying attention screenshotting a quote of a quote is not AI being good enough to evade detection, it’s someone not bothering to check if it’s AI.
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regdog@lemmy.world 4 days ago
Ban cars from populated areas? That is anti-freedom! This fantastic game lets you explore they joys and freedoms of car ownership: store.steampowered.com/app/…/Car_Park_Capital/
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Corn@lemmy.ml 3 days ago
Honestly they just need to make car parking a real constraint in sim city games. That would do more to show people what a blight cars are than anything else.
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Aceticon@lemmy.dbzer0.com 4 days ago
What I’m reading there is that there’s going to be a 2008-style Crash (this time on auto debt instead of realestate) alongside a 2000-style Crash (this time on Generative AI instead of a Net bubble).
Mind you, it will be centered in the US and other countries will mainly feel side effects.
UnderpantsWeevil@lemmy.world 4 days ago
2008-style Crash (this time on auto debt instead of realestate)
The 2008 crash was also an auto debt crash. That’s why you had Cash-For-Clunkers rolled out in 2009 followed by Obama and Romney arguing over an automotive bailout in the 2012 election.
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iocase@lemmy.zip 4 days ago
Combine that with a crash of the USD itself. Also commercial and industrial real estate never got the same protections as home loans post-2008 so there’s a shit ton of 2008 style shenanigans concerning offices and industrial plots ready to also blow up.
There’s no more road to kick our can down. We must face the can. The can is our reckoning.
UnderpantsWeevil@lemmy.world 4 days ago
a crash of the USD itself
A crash into what alternative? If people are trading away their USDs, what are they trading them for?
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Aceticon@lemmy.dbzer0.com 4 days ago
Well, the supposedly “temporary” ultra-low interest rates that were the “solution” for the Crisis following the 2008 Crash only really postponned the day of reckonning.
Further, those and other government measures rewarding Asset Owners (read: the rich) on the backs of those whose Income comes from Work, caused inequality to explode, which means more “unused money” around (every additional €1 of income for the wealthy goes almost entirelly into savings, every additional €1 if income for the poor and working class goes almost entirelly into consumption) and all that extra money was seeking investments, any investments, which was visible in the markets by lower interest rates on treasuries (for example, the famous negative German bund interest rates), lower bond yields (meaning higher prices for the same level of risk), higher stocks and so on up the risk scale, a pumping up of lots and lots of extra investment money which ultimatelly inflated several bubbles at the same time.
Further, the ultra-low interest rates also made it cheaper to leverage one’s investments (i.e. invest with loaned money alongside one’s own money), further adding money to those bubbles given the way money is created in the modern monetary system (mainly created by banks when they give loans, with only a small percentage actually created by central banks).
This, by the way, also explains things like the crypto bubble.
I really only mentioned the biggest ones I’m aware off, but I bet we’ll have a lot of bubbles of all sizes exploding as soon as the first big bubble blows and the credit crunch and inb
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AnimalsDream@slrpnk.net 4 days ago
These threads are always full of people saying, “why don’t you just…” The problem is you are suggesting coping methods for a plethora of problems, in a vacuum individually. You’re failing to put all of the problems of cars, trucks, and their requisite infrastructure together as the awful, smothering whole that it is.