Chevy offers incentives to prevent Corvette Z06 flipping: would this work for Rolex?

[904VT]

Originally Posted by SDGT3

“If you look at history, there has never been a moment when inflation was above 4% and unemployment was below 5% when we did not have a recession within the next two years." Former US Sec. of the Treasury, Larry Summers.

To tie this into the current thread, there will be reductions in ADMs from Chevy and almost every other maker out there and have been since May. I believe they will continue as the economy starts to slow and interest rates take affect.

I bet the true unemployment rate is much higher as well. Look at how low our workforce participation rate is. Multi-decade lows. Spending was driven by low rates and relief payments aka the earliest form of Universal Basic Income. But rather than permanent it was temporary UBI in effect.

https://www.bls.gov/charts/employmen...ation-rate.htm