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No Bubble: Owner Hires Crew To Wreck His $289,000 Gallardo In Protest Against Chinese Consumer Rights

Tyler Durden's picture




 

This one goes both in the "WTF", "no Chinese bubble at all" and "GDP boost through destruction" bins. MSNBC reports of a Lamborghini owner in China who hired a crew on World Consumer Rights Day to smash his $289,000 Lamborghini Gallardo L140 in protest after allegedly disputing with the company on maintenance and engine issues. The protest was made to provoke public support and goad the manufacturer to respect his consumer rights. Yet at the end of the protest the world is sans one Gallardo, a credit billionaire couldn't care less, and nothing has changed. Yet somehow we are certain Thomas Lee from JP Morgan will find this act of wonton destruction as contributing 0.001% to China's 2011 GDP.

h/t Cann

 

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Thu, 03/17/2011 - 19:25 | 1068983 Irwin Fletcher
Irwin Fletcher's picture

No joke. Gallardo's are for the sorta rich. On my street, if the uber rich must travel by land, they do so in a Bugatti Veyron.

Thu, 03/17/2011 - 18:30 | 1068683 kaiten
kaiten's picture

Gallardo? More like some cheap chinese imitation.

Thu, 03/17/2011 - 18:50 | 1068781 apeakunderthehood
apeakunderthehood's picture

It shows that China is in a bubble

 

http://www.apeakunderthehood.blogspot.com/

Thu, 03/17/2011 - 19:21 | 1068971 davepowers
davepowers's picture

hmmm maybe there is something to this socionomics thing after all.

:)

Thu, 03/17/2011 - 19:24 | 1068980 Papasmurf
Papasmurf's picture

He shoulda wrapped it around a tree.  Two problems solved at once.

Thu, 03/17/2011 - 19:37 | 1069050 chindit13
chindit13's picture

The real point of this otherwise pointless display of vulgarity was for the owner to show that he is so rich he can afford to do it.  He was building face in a land where face is only second to wealth in terms of desirability.  He is now almost assuredly a role model for everything the average Chinese hopes to become.  If a Gallardo is a babe magnet, whomping ass on one's own Gallardo is a neodymium babe magnet.

"To be rich is glorious"

Thu, 03/17/2011 - 21:48 | 1069602 thefatasswilly
thefatasswilly's picture

Thus, it was not pointless.

Damned yellow skinned slant eyes and their "face."

Thu, 03/17/2011 - 20:14 | 1069054 Unlawful Justice
Unlawful Justice's picture

Satire~ If the rich man can't have it, than nobody wiLl have it! FTW.

CNBC, would say it creates "J.O.B.s" because the car would have to be replaced. But it's just a little mans war of wasted resource.

I'm ashamed to be human and ever increasingly.

Thu, 03/17/2011 - 19:46 | 1069091 Itsalie
Itsalie's picture

higher GDP after lambo  wreck? yup, that is how perverted economists compute progress. Look no further if you are trying to understand why the world has gone backwards the last 100 years: the triad of politicians-economists-bankers will be the downfall of the world.

Thu, 03/17/2011 - 20:23 | 1069235 Diogenes
Diogenes's picture

I find it ironic that a Chinese businessman is ticked off over his "consumer rights". When did they start caring about anything but profit and to hell with the consumer?

Thu, 03/17/2011 - 21:01 | 1069397 I_Am_
I_Am_'s picture

Up for repossession........... destroy the f..ing thing!

Thu, 03/17/2011 - 21:10 | 1069431 robertocarlos
robertocarlos's picture

The world is unbelievably fucked up.

Thu, 03/17/2011 - 23:24 | 1069917 getplaning
getplaning's picture

It's OK, Gallardos have a nasty habit of catching fire anyway.

Fri, 03/18/2011 - 00:20 | 1070046 Drater
Drater's picture

Relax, all right? My old man is a television repairman, he's got this ultimate set of tools. I can fix it.

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