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

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To: elmatador who wrote (80620)6/25/2008 3:59:56 PM
From: mishedlo  Read Replies (5) of 116555
 
I called this myth once before.
Please read this
Pay particular attention to the dates
globaleconomicanalysis.blogspot.com

I do not care what steel, copper, etc prices do, if consumers will not buy these rates will not stick.

I called GM on it last time
I am doing it again.

There is little demand for GM cars now, there will be less on these price hikes.

GM can ASK any price it wants.
The fact remains GM loses money on every car it makes.

Mish
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