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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (21331)	1/12/2002 10:23:45 AM
From: orkrious	Read Replies (1) \| Respond to of 99280

What is the average yearly car demand per year worldwide, my guess 50 MM, what is the current car production capacity? Zeev, two articles in today's Detroit Free Press said the world's auto capacity is 50 million units and current sales (not too far from the peak) are 40 million units. Ford's capacity is 5.7 mil units per year, yet they have NEVER sold more than 4.8 mil units per year. (Talk about bad management.) I read somewhere else that the auto slowdown in 2002 isn't going to help the chip companies. Autos consume a great deal of chips.

To: Zeev Hed who wrote (21331)	1/12/2002 4:03:22 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99280

Zeev: I agree with you as long as the buck stays strong. But when it goes down for the count, the international economic and monetary systems will be will be shaken to their foundations IMHO. The current system simply is too advantageous to the the rich nations in general and the US in particular -- enabling them to consume more than they produce year in and year out.