An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, August 4, 2015
BMW Earnings
The BMW people are not going to just sit there and do nothing about this.
Merced used to make good cars, not any more. Why? Because you cannot indefinitely cut prices to sell more units without lowering production costs.
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