Pops wrote:That's only about 10 years of production @2014 rates. We'd better hope that production doesn't fall to zero in that time.
http://www.statista.com/statistics/2668 ... ince-2009/
DesuMaiden wrote:What makes you think production will fall to zero?
The premiss of the thread?DesuMaiden wrote:Also, the production of what are you referring to?
ralfy wrote:According to this article, there are around 1 billion cars worldwide:
http://www.huffingtonpost.ca/2011/08/23 ... 34291.html
and that the U.S. alone has over 230 million. For China to follow the U.S. in terms of cars per capita, it will require a billion vehicles. Also, in order to have 2 billion cars worldwide, oil production has to rise to around 120 Mb/d.
In addition, I think the numbers refer to sedans and light trucks. If all other vehicles are included, including motorcycles, delivery trucks, buses, etc., then the numbers will certainly be higher.
Finally, the needed oil production might refer to fuel used to provide power to vehicles. If oil is also needed to manufacture them and many more goods that families will need or want besides passenger vehicles (such as appliances) then even more oil, energy, and material resources will be needed.
Repent wrote:The transmission went on my 2006 Chevy Uplander last month. I had a decision, sink big $$ into fixing it or buy another car. I did a lot of thinking and bought a new 2015 Dodge caravan. 84 month term on the loan. (7 years)
I figure the economy will collapse before I've paid it off. After that will I want to buy another one? So yeah, we're on our last cars.
Repent wrote:The transmission went on my 2006 Chevy Uplander last month. I had a decision, sink big $$ into fixing it or buy another car. I did a lot of thinking and bought a new 2015 Dodge caravan. 84 month term on the loan. (7 years)
I figure the economy will collapse before I've paid it off. After that will I want to buy another one? So yeah, we're on our last cars.
Outcast_Searcher wrote:
So let's see. After one Chevy fails before 10 years of service, buy a Dodge. Get a 7 year loan. Plan on the world blowing up before the loan is payed off (does endlessly being wrong ever impact doomers?).
Outcast_Searcher wrote:So what's next. Blaming job creators when the world doesn't blow up and you don't like the financial result you are left with? (That would be the far left political plan).
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