Comment 40355

By Kiely (registered) | Posted May 04, 2010 at 14:04:07

Affordable small vehicles like this one are going to enable car ownership for millions of people in the emerging economies, and this demand pressure is what's going to drive the next spike in the price of oil - a spike that's going to throw the developed economies into another sharp recession, sure as clockwork. - Ryan

I was in Indonesia in March and in Sengatta, which is a mining town in Kalamantan (AKA: Borneo), there was "rush hour" traffic and lineups at the gas pumps that stretched for blocks. Sure it was mainly scooters and small motorcycles, but the population of those gas burning modes of transportation had easily doubled since my last trip there three years ago. First thing they buy when they get a chance is a cellphone (another source of global conflict and waste) and then they save their money for a motorcycle or scooter. There are millions of Indonesians all wanting the same things "we" (i.e., first world nations) have and who is going to tell them "sorry, you can't".

Pandora's box has been opened.

Comment edited by Kiely on 2010-05-04 13:55:41

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