This, though, is one of the most staggering current economic statistics I've yet seen, courtesy The Financial Ninja:
Volvo said it received 115 order bookings for heavy trucks in Europe in the quarter, down from 41,970 trucks a year earlier.
I've looked at that for some time now, and somehow trying to think about some 42k bits of kibble shrinking to a mere 115 warps my fragile little mind way more than Eric Cartman's sometimes-amusing shtick ever could. I've seen cliff-diving before, and even imagined some steep ones, but never quite so steep.
Actually, the follow-on sentence just really clears everything right up:
Customers in Europe are taking a "wait and see" attitude amid turmoil in global financial markets, Volvo said.
Gee, you think?
No comments:
Post a Comment