All things are not what they seem, yes we have big numbers of job losses, big companies failing.
What his interview high lighted for me is that the vacant property businesses had will stand empty for a long time to come, doom creates more doom.
Now the markets have priced all this in ..... OR HAVE THEY ?
These are very uncertain times for us all and with that Gerald Selenate interview that Hoggums posted it really brings it home yet again how bad the world economy is.
On another note, a nebr over the road from me purchased a new modal jaguar the 2.7 diesel for his wife. This morning she was driving a new Aida and I asked the question what happened to the jaguar ?
She explained it was trouble from day one, engine smoking badly door handles wobbly and general bad workman ship. the car was 3 months old and they sent out back, the dealer offered them another one and they refused.
So that 37K that was purchased for the jaguar UK company workers has just been transferred to a german company with german workers.
I wonder if this was a one of ?
Are german car's build quality like this ? I think not ......
I will stick to my three wheeled van eh Rodney ?
