Quote:
Originally posted by Superbelt
You can make an argument that the american auto industry is lagging because we fall behind most foreign car companies in fuel efficiencies, and overseas, where fuel prices are much higher that is a terrible disadvantage. Even here our fuel prices are becoming more and more of a factor in the past couple years.
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Sure, you can make that argument, but that isn't the argument being made by the investors, analysts, and rating agencies whose job it is to evaluate the company's ability to survive.
Look, my point here is not to engage in a pissing match or win an internet argument, but to present the facts and the economic realities as I know them. You can ignore what I have to say, you can dismiss my words if you like, but if the point here is to learn from constructive discussion, then you really should re-read my economic analysis objectively. Especially the supply and demand curve / price floor / surplus concept. This is basic, textbook stuff, and it would do you a lot of good to understand it. Again, my participation in this discussion is not motivated by some narcissistic desire to "win," but to share some of what I have learned during my past ten years in finance and economics.
The information is there. Take from it what you will...