I just read about Ford's worst-ever annual loss. There are a lot of worst-ever reports now and plenty more to come. Like this: more Americans are receiving unemployment benefits than have ever received them at any time in the past since recording began in 1967.
Or for those who don't like bare statistics: you can buy a share of Ford for $1.98 today. Ford, once the epitome of industrial organization and success, is less valuable per share than a BigMac. Or think of it this way: as of today the total value of Ford is $4.7 billion while the total value of McDonald's is $65 billion. How can America recover from this depression when a fast-food restaurant chain is 4.5 times more valuable than the company that once defined America's industrial might?
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