Carmakers....Buy or Sell Premium ?

Discussion in 'Economics' started by libertad, May 31, 2009.

  1. http://www.nytimes.com/2009/05/31/business/31car.html?_r=1&hpw


    Once upon a time there was a $70 Trillion economy....

    $30 Trillion was lost ....

    Thus the new economy had to make do with $40 Trillion....to price all good and services....

    .....................................................

    Prices must come down a long way across the board....

    Any business that is holding on to the idea of 70/70 prices will be sadly mistaken....

    And this is precisely why the govt. only exaggerates the financial pricing issues....

    And one will see this new realization in all sorts of articles....just like the one above....

    The exception being selling far fewer items which would mean far more downsizing to come....

    The market determines price....not the govt....
     
  2. $30 Trillion was lost ....

    ... so far. More to go when more mortgages default.