Monday, October 06, 2014

Fin de siècle . . .

WEALTH ACCRUES UNEVENLY. Always has, probably always will, as history shows. But things can get distorted and then there's a market 're-adjustment'. Sometimes such a re-adjustment turns revolutionary. 

When I was a child, there were Rolls, Bentley, Mercedes Lincoln and Cadillac plus the rare Ferrari or Maserati or Aston or Bristol or Alvis, and that was about it. Today, there are around 200 cars that are more than $100,000.

Perhaps owning a carwash might be a good idea. Because with Fin de siècle we might get Louis XV's and Madame Pompadour's prediction, "après moi le déluge" . . .

How bad is the disparity in wealth? According to Autoblog, the average Bugatti owner has 84 cars, 3 jets, 1 yacht. I got an old Pontiac. Newer than Fred's, but gaining antiquity.

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