“Houston…We have a problem!…Nobody is buying brand new cars anymore! Well they are, but not on the scale they once were. Millions of brand new unsold cars are just sitting redundant on runways and car parks around the world. There, they stay, slowly deteriorating without being maintained. Below is an image of a massive car park at Swindon, United Kingdom, with thousands upon thousands of unsold cars just sitting there with not a buyer in sight. The car manufacturers have to buy more and more land just to park their cars as they perpetually roll off the production line. There is proof that the worlds recession is still biting and wont let go.”
http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-die
Related posts:
Pimco Total Return Had $9.9 Billion Withdrawals in June
Feds May Cut Off Water For Legal Marijuana Crops
Louisiana: Jefferson Parish To Refund Red Light Camera Tickets
UBS' Friedman: US Might Have to Bail Out Chinese Banks
I Used the World’s First Bitcoin ATM
Spoiled greens
Victory for Homeowners in Charlestown Code-Enforcement Racket
Stan Druckenmiller's Massive Bet on Gold
Do You Live in a “Death Spiral” State?
New leak shows feds can access user accounts for Google, Facebook and more
Resist mass cracking by US law enforcement
USA Is #5 in World Economic Competition
Illinois Lies
Cheers! California Winery Unveils Marijuana-Infused Wine
Central Banks Repatriate Gold: How Will This Affect Investors?