Posted by: drgeophysics | May 4, 2009

Collapse of the United States automotive industry.

An excellent article looking at the watershed failure of the industrial history in the United States, the collapse of the automobile industry.  Since real income has been falling for decades this is hardly surprising.

This excellent post looks at the causes and under reported aspects of this fundamental change to the United States economy.

http://www.oftwominds.com/blogmay09/bigthree05-09.html

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