Friday, September 25, 2015

The Rumble In Wolfsburg Will Roil The Global Auto Industry

The Rumble In Wolfsburg Will Roil The Global Auto Industry | David Stockman's Contra Corner
"...potentially catacylysmic wave of deflationary pricing (and deflationary lack of demand for raw materials) that VW faces with its record inventory.
The last time inventories spiked on this scale… right into an ‘exogenous’ event… it ended very very badly!

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