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“5 million people driven into poverty by transport costs”

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  1. chdot
    Admin

  2. neddie
    Member

    Meanwhile:

    This strategy is not devoid of risk, however. Interest-rate shocks, a spike in unemployment, and a fall in used-car values could quickly topple this house of cards, with wider repercussions not unlike the 2007 subprime mortgage crisis.

    If we want to properly understand the car culture wars, we need to know that the car industry – and its servants in Westminster – are not consumers’ friends. Public transport investment, bike lanes and LTNs are not an attack on motorists, but a helping hand out of the gilded cage that is contemporary car ownership.

    https://www.theguardian.com/environment/commentisfree/2023/nov/22/car-culture-car-industry-consumers-debt

    Posted 1 year ago #

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