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This guy is obviously not an economist (and neither am I but, ...).
Our economy, and the auto industry's also, is based on waste and obsolescence. If we didn't use any paper towels, packaging, replace cell-phones/cars/video devices etc. until they wore out, we'd have a completely different economy and the transition would be disasterous. The result might be wonderful, ... but the transition disasterous.
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Gone to the dark side
- Jeff
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