does the US produce enough cheap bikes for millions or dozens of millions bikers ?
start a bikes factory *right now*
ivanpope
· 1 year ago
Is that a good thing or a bad thing?
fredwilson
· 1 year ago
short term its bad for the low income people who are going to face even longer and harder commutes
but long term its a very good thing as the world needs to reduce its dependency on oil
the US needs to start investing in mass transit in a big way
Gabriel N.
· 1 year ago
My feeling is that this is really a wealth/material redistribution to the emerging/developing markets, particularly China and India.
People over there are looking forward to enjoying the same things as us. As their incomes grow and infrastructure is rolled out, those people will be buying the cars, in addition to homes, appliances, air conditioners and other durable goods etc.
If that is the case, will there be a reduction in the demand for oil and commodities? Maybe here in North America, but what about the Far East?
You could also make the point that this would be a perfect opportunity for the emerging markets to learn from our mistakes/oversights and invest in mass transit and alternative energy sources. Will they be as proactive and progressive on this front?
gregory
· 1 year ago
the cry of the wise since the 70's to no effect ...
lawrence
· 1 year ago
We might see an exodus from the burbs back to the cities as well as public transportation gets more valuable.
All Comments
start a bikes factory *right now*
but long term its a very good thing as the world needs to reduce its dependency on oil
the US needs to start investing in mass transit in a big way
People over there are looking forward to enjoying the same things as us. As their incomes grow and infrastructure is rolled out, those people will be buying the cars, in addition to homes, appliances, air conditioners and other durable goods etc.
If that is the case, will there be a reduction in the demand for oil and commodities? Maybe here in North America, but what about the Far East?
You could also make the point that this would be a perfect opportunity for the emerging markets to learn from our mistakes/oversights and invest in mass transit and alternative energy sources. Will they be as proactive and progressive on this front?