If Auto Sales Continue They will all be bankrupt again within a year.

Discussion in 'Economy' started by Neubarth, Nov 4, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Auto Sales are about half of what they used to be for the Big Three. That, in itself, should be a waker-upper for the populace that is starting to believe all the outrageous lies of the administration that the recession is over.

    Now, how can it be half if only nine to ten percent of the workforce is out of work. I mean, couldn't the other ninety percent of the workforce be buying cars at ninety percent of previous numbers? How come it does not add up right if the recession is over? Could it be that more than ten percent of the work force is out of work??? Are we being lied to on multiple fronts?

    Of course, two thirds of the Big Three are half of what they used to be, so auto sales should be down more than ten percent, but fifty percent??? Fact remains that if auto sales keep on as they are presently going, all of the Big Three will be bankrupt again within a year. They simply can not pay their overhead if they are only making 9,000,000 cars a year. They used to sell nearly twice that.

    The Depression continues!
     
    Last edited: Nov 4, 2009
  2. Mike Mitrosky
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    Mike Mitrosky Member

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    Whats the slim chance that any of this is an increase in exports??? probably none
     
  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    Actually, I understand that Ford trucks are selling overseas in areas where people have money. They are too expensive for most Americans.
     

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