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Old 02-03-09, 06:43   #6 (permalink)
longdx
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longdx is offline
Join Date: Sep 2008
Posts: 455
Re: Ford's US sales plunge 40 pct, Toyota down 32 pct

@Bunky:
You are correct. Problem is that foreign countries (i.e. China) are feeling the pinch from the economic slowdown and not buying as much of the US debt. Spending is down as people go in a hunker mode. It is a vicious cycle that will not break until consumers feel confident in their respective job security.
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