So Is Deflation A Blessing In Disguise?
It would help if Jerram thought for 15 seconds (about the right things) before yapping nonsense. Japan is in debt to the tune of 200% of GDP because it squandered massive Japanese savings over the course of decades, in a foolish and futile fight against deflation. Moreover, if prices are falling, they are falling for the government as well (at least they should be). Therein lay the problem. Governments want ever increasing amounts of revenue to support huge untenable, and needlessly growing bureaucracies, regardless of what prices and wages are doing. That is what saps a country's strength. Yet, Jerram comes to the amazing conclusion that inability to collect higher taxes saps a country's strength. The last time I checked, Toyota, Subaru, Nissan, Mitsubishi, Mazda, and Honda were still in business and doing fine. The fact of the matter is there is nothing corrosive about deflation per se. Indeed falling prices and rising lifestyles as a result of increasing productivity should be expected. However, there is something corrosive about going deep into debt that cannot be paid back. That is the situation Japan finds itself in today (primarily because the government listened to Keynesian and Monetarist jackasses who insisted that deflation was something that needed to be fought). Of course the US (led by Bernanke), Europe (with its sovereign debt crisis), and Australia, Canada, and China (with their housing bubbles) are in the same sorry condition. What cannot be paid back won't. That is the message of Japan. That is the message of Greece, and Ireland. That is the message in the US. That is the message in Australia, Canada, and China.
Land Rover has opened a new visitor attraction at its thriving Solihull manufacturing plant. 鈥楾he Range Rover Story鈥?is an interactive exhibit created to celebrate 50 years of the world鈥檚 most revered luxury SUV. Range Rover has been manufactured at Solihull since 1970, but its history with the site goes back to 1967 when the first secret prototype was conceived, codenamed Velar. The new exhibit will take visitors on a time-travelling voyage from its inception in the mid 1960s, through to the introduction of the Range Rover Sport and Range Rover Evoque. The exhibition culminates in an exciting unveil of the new Range Rover Velar, celebrating British design and engineering integrity. Roger Crathorne (known as Mr Land Rover) dedicated 50 years鈥?service to Land Rover and has been heavily involved in the creation of the exhibition. He said: 鈥淭he exhibit tells the incredible story of the Range Rover, from the original Velar prototype through to today鈥檚 new model.
I know it wasn't and isn't funny, but it does make the hair stand up on the back of your neck if you think what horrible things could have happened and do happen to some people. Voted up and interesting and sharing. Thank you Au fait, for your comments, you are so right. And yes it is still happening. I have a clipping about a family in 2005 that was raped, robbed and murdered. Believe me I do know how fortunate we were. Thank you Jaye, for your comments. We were very fortunate that Dad was such a good driver. I believe that the state police were called but don't remember much about it and I recall something about how far away they were, and we did not wait for them. I can still hear Dad telling my brothers bedtime stories. Thanks again for the up-vote and the visit. What a frightful incident! Maybe your parents were just glad to get away from that place as fast as possible, but did they notify the police and describe the men and their cars? You have good reasons to recall that childhood vacation, beginning with the scare of your little brothers disappearing.
The all-new Land Rover Defender is finally here. And not just for the land afar, but for the States as well. This doesn鈥檛 come without carrying a certain weight to it. The Defender is a truck bearing the name of one of the most storied four-wheel-drive vehicles of all time. An icon in the off-road world. And a massively iconic nameplate returning to production- and our shores! But it鈥檚 not the Defender of yore. Unlike its predecessor, this one is safe, modern, and high-tech. It still has the chunky Defender looks, but more in the vein of concept-turned-reality than old-design-still-alive. And, crucially, it鈥檚 no longer body-on-frame. Say goodbye to the possibility of massively modified and lifted Defenders for this generation. As before, it鈥檚 not limited to one body. Land Rover will offer two different lengths as well as three and five-door options. Though no longer true to their respective identifiers, the 90 model represents the two-door, short-wheelbase model and the 110 has four doors and a longer wheelbase. Power comes from a six-cylinder engine boasting an electric supercharger and a 48-volt battery supplement.
