Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: arun gera who wrote (43484)	12/5/2008 12:30:49 AM
From: elmatador	Respond to of 217671

Euro finance coupled with the US, suffers as much. Other countries are facing spill over. Let explain spill over: You have automakers that have banks that finance. They go to other countries and use that money to finance cars to keep their factories going. They are in trouble, their factories are in trouble too. Brazil's carmakers has now 300K cars in their yards, the equivalent of 56 days production. That means sending people home until the yards clear. Since the sector has been over-financed, and anyone who need or could afford a car already have one, those 56 days metrics is a bit fluffy. Those 56 days may turn out to be between 80 to 112 days.