Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (53367)	7/13/2006 8:28:52 PM
From: Bucky Katt	Read Replies (1) of 116555

Good question, but I don't know that answer. All of those footnotes make me dizzy, and usually mean trouble. If gasoline goes to $4 a gallon and sticks in that range, then GM is toast. In addition, many Ford dealers can't even sell their business now, they just sell the real estate and turn the franchise back to Detroit. The old and famous Burt Weinman Ford on North Ashland in Chicago did just that. They owned a block ot two, which will become condos. Why screw around with a no return biz when you can sell the property for $20 mil?

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