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Ford Feb. Sales Down 48%

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Zembonez Senior Enthusiast

Zembonez

Posted
Posted

Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

VMax2007 Senior Enthusiast

VMax2007

Posted
Posted
Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

 

I nominated you, but YOU would not accept my nomination. :uhoh:

DofD Senior Enthusiast

DofD

Posted
Posted
Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

 

I nominated you, but YOU would not accept my nomination. :uhoh:

 

 

Because he didn't have the required guns and ammo to carry out the master plan! :rolleyes:

DofD Senior Enthusiast

DofD

Posted
Posted
Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

 

The problem is that the economic situation is so multi dimensional that no single entity has the ability to do more than toss some scraps into the black hole. That is the government can only provide short term treatment to the general symptoms they don't have the ability to actually implement a real fix to the problem.

 

I see two paths here. One being long term (5 to 10 years) general financial hardship right from the consumer up to the multinational corp and governments before any true recovery begins. During this time companies will continue to fail, unemployment will rise, governments will fail (bankrupt from propping up failing companies), the financial condition of the general populace will continue to worsen.

 

The other path being that the straw that breaks the camel's back falls and the global financial market collapses into a smoking heap bringing everything down with it. Then a period of 5 or so years where things will have to be rebuilt from the ground up.

Zembonez Senior Enthusiast

Zembonez

Posted
Posted

I say 24 months and we are back to somewhat smooth sailing. By that I mean a rather stable stock market, and reasonable unemployment numbers... NOT overspending and living like we have a money tree growing in the back yard (like the last 25 years). Reasonable and responsible spending will have to prevail or we fail totally. You will be paying a lot more taxes to boot.

tobias Senior Enthusiast

tobias

Posted
Posted
Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

DADDY SAYS...

 

BUY, BUY, BUY!!!

 

THE SKY IS NOT FALLING!!!

 

STOP LISTENING TO THE NEWS AND THE IDIOT NEXT DOOR!!!

 

BUY, BUY, BUY!!!

 

...within your budget, of course. :uhoh:

 

 

 

Is that enough, Jim? :rolleyes:

Zembonez Senior Enthusiast

Zembonez

Posted
Posted
Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

DADDY SAYS...

 

BUY, BUY, BUY!!!

 

THE SKY IS NOT FALLING!!!

 

STOP LISTENING TO THE NEWS AND THE IDIOT NEXT DOOR!!!

 

BUY, BUY, BUY!!!

 

...within your budget, of course. :uhoh:

 

 

 

Is that enough, Jim? :rolleyes:

 

Perfectly stated.

DofD Senior Enthusiast

DofD

Posted
Posted
I say 24 months and we are back to somewhat smooth sailing. By that I mean a rather stable stock market, and reasonable unemployment numbers... NOT overspending and living like we have a money tree growing in the back yard (like the last 25 years). Reasonable and responsible spending will have to prevail or we fail totally. You will be paying a lot more taxes to boot.

 

Possible, but for this to work I see a few things that it would contingent on.

- Cooperation between the federal government and all state governments.

- Viable economic recovery plans from all failing multinational corps. If a corp won't comply, then they fail and their assets are nationalized.

- International governments cooperation and coordination with the multinational corps as this is a global problem

- Viable plans to reduce consumer debt loads

- Financial debt relief for small and mid sized companies

 

Every link in the financial chain needs to be stabilized for true recovery to begin.

rvsahs Senior Enthusiast

rvsahs

Posted
Posted
Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

DADDY SAYS...

 

BUY, BUY, BUY!!!

 

THE SKY IS NOT FALLING!!!

 

STOP LISTENING TO THE NEWS AND THE IDIOT NEXT DOOR!!!

 

BUY, BUY, BUY!!!

 

...within your budget, of course. :rolleyes:

 

 

 

Is that enough, Jim? :rolleyes:

 

 

One of these days I've got to have a long talk with that boy.... j/k!!! :uhoh:

 

:lol:

DofD Senior Enthusiast

DofD

Posted
Posted
Everybody is hurting. GM dropped 53%. As long as the tone from Washington and Wall Street remains "The world is coming to an end soon" I don't see people picking up their old new car buying habits. Something (or somebody) has to change the mood of the country first. Now is when we need real leadership in place but who might that be? Whoever it is. I hope they speak up soon.

 

DISCLAIMER: No political slant is intended or implied with this post. No political person or persons were singled out as good or bad. I am simply stating an opinion.

DADDY SAYS...

 

BUY, BUY, BUY!!!

 

THE SKY IS NOT FALLING!!!

 

STOP LISTENING TO THE NEWS AND THE IDIOT NEXT DOOR!!!

 

BUY, BUY, BUY!!!

 

...within your budget, of course. :uhoh:

 

 

 

Is that enough, Jim? :rolleyes:

 

Perfectly stated.

 

 

Problem here is that so many people with the ability to buy have lost the concept of buying within one's means. The days of living/spending with revolving credit are gone and many people just don't realize it or don't want to accept the change in lifestyle.

Zembonez Senior Enthusiast

Zembonez

Posted
Posted
Problem here is that so many people with the ability to buy have lost the concept of buying within one's means. The days of living/spending with revolving credit are gone and many people just don't realize it or don't want to accept the change in lifestyle.

OH they will soon enough.

 

The days of rampant free-for-all credit spending are done for some time to come. I think Tobias said it right. "Buy within your budget"

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