That Zero Hedge Article On Unsold Cars Is Bullshit

 

 

That Zero Hedge Article On Unsold Cars Is Bullshit

 

 

 

” I usually enjoy reading Zero Hedge because the insights are often interesting and I think pessimism is an underrated virtue these days. However, this guest article on unsold cars is so demonstrably false I had to take a break from my Sunday morning to dispute it. 

  It is an admittedly appealing idea to think that automakers, unable to sell cars, are just wildly producing them and then dumping them around the world in an endless cycle of mass production hysteria. So much of the modern economy seems senseless and inexplicable, which is why an article like this seems to give some credence to the feeling many of us have inside that something is terribly wrong.P

  The visuals are strong, the headline is clear, and you almost don’t have to read the article to viscerally understand the problem. I, more than anyone, get the appeal of this story because it seems to largely rip off an article I wrote — including the images and headline — more than five years ago (which itself was largely a rehash of a Guardian article).”

 

 

    We posted the Zero Hedge article yesterday and in the interests of equal time present Jalopnik’s refutation of same . 

    While we have no expertise in these matters and therefore are in no position to declare who is correct , one thing we can say is that while the Jalopnik author claims the photos in the Zero Hedge article are old , one on our site , a Google Earth view was not from the article and was found by us yesterday .