On Tue, 17 Jun 2003 11:05:55 -0400, Doug Henwood wrote:

>
> Hmm, the tone on PEN-L is turning apocalyptic - U.S.
> auto industry to
> die, jobs disappearing forever, etc. This makes me
> wonder if the
> economy is bottoming out.
>

Forecasting the death of Detroit is pretty much a
constant across the cycle.  Three years ago we'd have
been saying that they'd have their business models
destroyed by the Internet.

dd


> Doug

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