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What cracks me up is what the American consumer has been doing since 9-11, the immediate aftereffects having told anybody with half a brain what the price of gasoline was going to do for the forseeable future?: Buying SUV's and trucks (that they really don't need, but their egos definitely want) that gulp gasoline by the station-full.
And what did Detroit do? Naturally feed the market demand, probably knowing full well that the price of gasoline would steadily rise (it has) instead of decreasing.
Which brilliantly placed them where they are now: Stuck with full inventories of increasingly unpopular vehicles.
So with apologies to old Ben: Who is the more foolish? The fool or the fool who follows him?
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