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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: Elroy Jetson who wrote (2472)5/21/2019 10:56:09 AM
From: robert b furman  Read Replies (2) of 13801
 
Hi Elroy,

Agreed.

Further to emphasize how difficult that condition is.

Excess capacity is really hard to resolve.

I spent 16 years with GM and their struggle to create products that were popular enough to resolve their excess capcaity were few and far between.

It more often than not results in price competition.

The biggest variable I expect is currency valuation (as in the Yuan drops vs the Dollar).

Bob
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