Thursday, October 29, 2009
Off the slab
Turns out coursing a few gigavolts of financial stimulus current through even an economy the size of the U.S. will still get Frankenstein off the slab, however briefly.
More here.
1 Comments:
By MainStreet, at Thu Oct 29, 05:06:00 PM:
Since the "cash for clunkers" incentive borrowed from Peter (Oct & Nov) to pay Paul (Sep) and this represented about 50% of the GDP increase, look for a dip this quarter in auto sales.