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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (38539)9/21/2003 1:41:42 PM
From: ild  Read Replies (1) | Respond to of 74559
 
<<<the cost of Mercedes and BMW must increase sharply, so that they again become cars for the elite >>>

Jay, USA is the biggest (like 50%) market for Mercedes and BMW. Are Chinese going to fill the void when US consumers retrench? IMO the inevitable fall in US living standards will have huge negative effects on all countries.



To: TobagoJack who wrote (38539)9/21/2003 2:00:38 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 74559
 
Jay it seems that you do not have a big love for us ..... or am I mistaken ?