Another Nail in the Brexit Fantasy Coffin: Germany’s Car Makers Are Not Cowed
More evidence that the idea that the UK would have a negotiating advantage in Brexit talks is not well founded.
Read more...Category Archives: Auto industry
Is Gasoline Demand the Biggest Red Herring In Oil Markets?
Gasoline demand distracts from the more important subject that there is no fundamental reason for the current oil-price rally.
Read more...Uber Spends $100 Million to Save its Business Model, But It May Have Just Doomed It
I’ve written before at this august site about how Uber’s business model is to arbitrage state and federal law and replace a monopoly with a different monopoly. They obviously placed a high value on the arbitrage. How high? About $100 million.
Read more...Marshall Auerback: Donald Trump Understands the Nexus Between Trade and Immigration
By linking immigration and trade, however crudely, Trump has exposed the broader paradox and inherent contradictions which lurk between the two.
Read more...Gaius Publius: When Trump Talks Trade, Voters Listen
It’s easier for liberals to blame Trump voters for racism than to blame themselves for the job-loss and pain of the working class.
Read more...How Many Flints? America’s Coast-to-Coast Toxic Crisis
Flint is just the tip of the iceberg of lead poisoning in America.
Read more...Flint: Let Them Drink Pollution?
Why the crisis in Flint, Michigan is about race and class, and the American nightmare of metastasizing inequality of wealth and power.
Read more...Capitalism – Not China – Is to Blame for the Current Global Economic Decline
Capitalism’s “recovery” now proceeds like another speeding train headed toward contradiction and catastrophe.
Read more...Mathew D. Rose: Hubris and Nemesis In Germany – Volkswagen, Refugees, and Football
Finding the common threads of Germany’s latest scandals.
Read more...U.S. Climate Goals: A Reckoning
The current US lifestyle needs to go if the world is to succeed in limiting climate change.
Read more...VW Scandal Bad News For Diesel
The ramifications for the diesel industry as its reputation as cleaner fuel comes under scrutiny.
Read more...Winning in Maui: TPP Ministerial Negotiations Fail, with No Date Set for the Next Round
Winning a battle in the long campaign against TPP: It was “domestic politics” that preserved our national sovereignty
Read more...The Continuing Depopulation of Detroit
Detroit is getting the same treatment as Latvia and Ireland, and we are already seeing similar results in Greece, with most people who have good foreign job prospects taking a hike. But while Latvia and Ireland stabilized at much lower levels of output and have started to recover from their, Detroit, like Greece, looks like a failed state. And this is perversely seen as acceptable in America.
Read more...Dubious FX Broker CWM FX Claims Sports Celebrity Scalps, but Princess Anne Remains Unmolested
The CWM FX fraud bust, a murder, Princess Anne and some groping. It’s BAU in the world of sports sponsorship.
Read more...Wolf Richter: Subprime Pump-and-Dump Frenzy Heats Up
OK, today’s subprime securitization rage is in the auto-loan sector, not mortgages. About 31% of all outstanding auto loan balances are rated subprime. They’re the foundation of booming auto sales.
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