105. And to scare you even more…
Save This Post as PDFOverall traffic (all US roads and streets) has dropped down 4.4% (equivalent to 10.7 billion vehicle miles) for September 2008 (compared to September 2007). This sounds somewhat funny considering that the price for gas in US is down by about 50% from its maximum. What would that mean? 
Via Andrei Simonov.
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In Czechia, the roads seem to be more full than what I remember. The reason is arguably the gasoline price drop – which is more modest in CZK but still substantial, from a CZK 32 peak to CZK 25 or so. People are driving like mad.
Hi Lubos
Let me make a testable prediction: the traffic will also drop in Czechia (as well as in other EU countries) in a couple of months
The reason, I think, is that the overall EU economy reacts slower to crisis.
Cheers,
Dmitry.
Dear Dmitry, is may be testifiable – by testimonies – and it will be testable. But it might also be falsifiable and I bet it will be falsified. I don’t think that there’s anything that should be called a “crisis” around. There are no signs of slowing GDP here and the national policies are such that it is not being planned. Reduction of the interest rates etc. may be enough. Best, Lubos
Dear Lubos
Indeed so, thanks, fixed.
By “around” you mean Czechia? If yes, then sorry to say, but this is because you live in suburbia. In Finland (which is also suburbia of course) there are some signs though, like growing unemployment rate, also, Nokia is not doing that well it used to.
As you said, my prediction is testable and falsifiable, so let us wait about 6 to 12 months.
Cheers,
Dmitry.