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