InvestorsHub Logo
Followers 10
Posts 4908
Boards Moderated 0
Alias Born 01/21/2012

Re: None

Saturday, 05/17/2014 11:54:43 AM

Saturday, May 17, 2014 11:54:43 AM

Post# of 37921
What the world needs is more cars

My comment: Why do they keep producing thousands upon thousands of new cars that they'll never sell ? I really think that GM will be toast in the next recession. Their recalls and their response to defects alone is enough to kill consumer demand. But consumers are not buying. This is the economic recovery ? The global economy is so screwed up. Housing being bought by hedge funds which has priced real buyers out of the market. The CBs just need to print more money to fix the problem I'm sure. The next recession will be a doozy.

Where the World's Unsold Cars Go To Die : http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-die
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.