by trespam » Sat 19 Mar 2005, 22:15:11
$this->bbcode_second_pass_quote('maverickdoc', '
')I am with Domus, I think "luxury" jobs will go first like tourism, pet grooming etc. Things one can easily live without. I think we are already seeing signs of this.
Great. I complain about the speculative threads and then jump into the middle of them. I'm a hypocrite and a stuck-up asshole.
With that out of the way, I absolutely agree that trucking will not go away. We'll see a decrease in volume, no doubt. A lot of the trucks you see on the roads are either carrying (1) useless crap, (2) food items that are no longer absolutely necessary or (3) material to build the next sky scraper or shopping mall or minimall or something like that.
I don't have the numbers, but I've seen a quote somewhere indicating that a significant amount of energy is expended on building new things like new homes. Imagine if we stop widening freeways, shipping tons of concrete all over the place, etc.
So the first thing we're going to see: less volume for new construction. Some impact on tourism. I think people will continue to travel on special trips, but they will probably travel more locally. Get away at the ocean or a lake or something like that, not jump on a friggen airplane to spend three days in Mexico or the Bahamas.