A Keynesian Wet Dream: "700 Trillion Cars And Light Trucks Need Recalling"

Tyler Durden's picture

And for today's fake press du jour release we go to Marketwatch which amusingly carries the following headline/story, which has since been rebroadcast by Bloomberg and other wire services:

700,000,000 Million Cars and Light Trucks Need Recalling

 

PETERBOROUGH, ONTARIO, Sep 19, 2011 (MARKETWIRE via COMTEX) -- Editors Note: There is a video associated with this Press Release.

 

Automotive engineers are sleeping at the wheel blinded by their own wipers.

 

Ring the Bells, Stop the Line, Re-Tool

 

Rodney Andrews, Ten Bridges Seven Churches No Stop Light is a series of grabbing stories of how small town people reach out and live the lives most people only dream of.

 

Follow Everett and Rose as they trigger the largest auto industry re-call.

 

Toyota, Honda, Ford, Hyundai and all car owners will be running to the parking lot to check out their car or truck to see if they are a victim. You can sit and read the predictions and watch class action law suits, litigation, and lawyers plug court rooms. Millions of dollars and thousands of lives are at stake. Killer cars can be fixed.

 

To start a fascinating journey, get your copy today from www.createspace.com/3592300

Yep. 700 trillion cars in need of recall. Paul Krugman just discovered tantric sex.

And yes, the algos totally fell for it. Note the volume surge at 10:13 PT as the PR hit: