NOW BY AMERICANS SAVING AND NOT SPENDING, IT’S HURTING OUR RECOVERY
What will economists come up with next? For years we have been told we were living beyond our means and the tables could easily be turned. It would be our appalling savings record that would hasten our descent into oblivion. Now that Nobel prize winning know-it-all Thomas Friedman of the N.Y. Times is telling us [...]
GROWTH, BUT FROM A FAR SMALLER BASE
The auto industry (with the exclusion of tainted Toyota) led by Ford is reporting increased demand for cars. Airlines, especially international carriers, still with a large portion of their fleet grounded are claiming higher passenger yields. Appliance sales are on the rise, or so says Whirlpool. In making the announcement they were going to increase [...]
IT JUST GETS WORSE AND WORSE FOR POOR TOYOTA
Not that I really care, but Toyota have dug a huge hole for themselves and the timing could not be worse. I have always claimed two things about Toyota, firstly they dumped their cars into the local market and secondly when the cost to keep Japanese executives on the American payroll became too great, they [...]
TOYOTA AND TIGER IN THE SAME BOAT!
Less than a year ago both Toyota and Tiger were at the top of their game. The spin doctors and the media did a marvelous job at telling us buying a Toyota was the only choice and Tiger represented everything that was great in a top sportsman and family man. In less than a month [...]
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