"Out with the old and In with the New"

This shall be an interesting story as it unfolds.  Auto Sales indicate an all time drop of Q3 figures .  The word usage of "recession" no longer cautiously utilized.  "Worst job loss report ever, " as reported by Keith Hall and Republican representative Cummings.   

Bernakie known as a depression expert. Lets hope that his control of inflation in the past and currently can be reconciled.  That whatever mistakes the 1929 recessions spawned are much different then the recession that the U.S. is currently experiencing.  However I have concern about this as the last spring the American taxpayers sent stimulus checks last resort monetary policy. But really giving taxpayers money for nothing, extending unemployment benefits seems as if that was the old administration prolonging a global crisis.  Some economist agree and some disagree on the notion of that move.  State and Federal there is a lag between the Unemployment statistics and reports. 

 As some U.S. firms have outsourced some of its production, some laid off large increasing numbers people and the big three automakers requesting Congressional support. As the U.S. economy has much financial woes and concerns.  As many observe as the failure potential of the automakers increases.   In all reality the President elect has not even inaugurated but has much to do, this seemingly like the least of it.  Why don't these politicians figure out the estimated multiplier of the lag?

All honesty its no wonder as it seems these corporations don't want to be associated as the U.S. manufacturers and the big three automakers go through their struggles.  For so many years the U.S. automakers dominated their sales and production. However the last decade they have really had compete amongst imports. 

The Detroit Auto Show is one of premiere international auto show . It is not surprising that there is a group of large car manufacturers that are declining to attend. Many of which include big names such as Rolls-Royce, Ferrari are a just a few or a increasing group.   Many of those not attending high end manufacturers many of which that have much established European based figures in developed and emerging countries.  Some made their appearances in earlier shows.

Ferrari the Italian based corporation also went through its own private corporate struggles 18 years prior of Enzo Ferrari's death. Founder sold off part of the sport racing division in order to secure financial backing.

Renault Nissan a European based corporation went through their own mergers in its own years prior.  The merger success was one that was doubted because of the two companies cultural differences. However, the international crash never happened as industry observed thought would .  The company reported large advantages of the economies of scale.  Many of which from their combined connections of business development of emerging countries.  Perhaps a smart suggested economical decision by Renault Nissan a of the sign and a change of the times.

Recently Areva new nuclear program has created positive new partnerships and forecasts to also increase job creation of long term jobs. In agreement with Climate change policies and the economy. The UK paving ahead as the new program builds for their energy future and economy.