Love Zero Hedge
I remember that piece last year about new cars piling up unsold around the world.
I thought it was just doom crank stuff.
Afterall, how could auto mfgrs function if they were sitting on ever increasing unsold car inventory, ie: they’d run out of revenue to cover their cost of goods “sold”?
Do you believe someone somehow are propping up all the auto mfgrs?
It seems as if it would all collapse after a short while.
Zero Hedge: The financial world’s Debka.