Thursday, January 15, 2009

No one loves you when oil is low.

In light of the further collapse in oil - I give you this shot from the car show. It isn't a bad-ass car. So, normally I might not have posted it. But, I'm always fascinated by stated preference, over revealed preference. You can read about it here.

I think this picture says a lot. When people aren't forced into buying small cars, they won't. You may think that most people's attention was diverted to sports cars, or concepts. When in fact 90% of the show were just normal cars. The super small cars never seemed to have too many people looking at them.

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