I was struck by a recent post on Naked Capitalism, Looking for the Sun. The opening lead starts out, 2009 will be a grim economic year. The unemployment rate will rise all year, house prices will fall, commercial real estate (CRE) will get crushed … but there might be a few rays of sunshine too. [...]
Entries Tagged as 'Autos'
What Constitutes an "Optimistic" Outlook?
March 15th, 2009 · No Comments · Autos, Economics, Global Economy, Housing, Stock Market
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Why Financial Bailouts Are Easy but Auto Bailouts Hard
December 15th, 2008 · No Comments · Autos, Bailout, Financial, Policy
There is no mystery about the different treatment of financial and manufacturing firms. Political power in our country is tightly tied to the economic and profit contribution of a sector. For the last 50 years, the finance sector has been growing and the manufacturing sector has been declining, with the trends accelerating hugely since the [...]
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