01/03/2011
When politicians start talking about signs of recovery I go digging. We are expected to believe that the US automobile industry is bouncing back to health. Google news widley reports record sales and record profits. It's a confidence trick.
http://www.marketwatch.com/story/china-faces-auto-manufacturing-bubble-report-2011-02-28
http://citywire.co.uk/wealth-manager/manufacturing-data-suggests-china-bubble-is-set-to-pop/a473054
http://www.nytimes.com/2011/02/28/business/global/28iht-cars28.html?_r=1&src=busln
