Are car loans driving us towards the next financial crash?

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raspberry-blower
Posts: 1868
Joined: 14 Mar 2009, 11:26

Post by raspberry-blower »

It will be bigger, Emo - some famous auto names will be consigned to the history books.

On that Chinese car market crash: https://www.zerohedge.com/news/2019-02- ... y-meltdown

It's all the fault of Brexit :twisted:
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools - Douglas Adams.
raspberry-blower
Posts: 1868
Joined: 14 Mar 2009, 11:26

Post by raspberry-blower »

The current state of car manufacturers - some big names in dire trouble.

From the Grun:

Jaguar Land Rover announce humdinger of a pre tax loss: £3.6 billion

Also, there is this:

Ford decimates its Global workforce
A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools - Douglas Adams.
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emordnilap
Posts: 14823
Joined: 05 Sep 2007, 16:36
Location: here

Post by emordnilap »

raspberry-blower wrote:The current state of car manufacturers - some big names in dire trouble.

From the Grun:

Jaguar Land Rover announce humdinger of a pre tax loss: £3.6 billion

Also, there is this:

Ford decimates its Global workforce
Good news for once. Thanks r-b.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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