How the US auto-industry regained its footing during the recent financial turmoil and became competitive again with foreign auto producers. A great illustration of how Joseph Schumpeter’s “creative destruction” can revitalize a failing industry.
Thoughts and discussions on economics, finance and investing, with a focus on China – a publication by MG Research
How the US auto-industry regained its footing during the recent financial turmoil and became competitive again with foreign auto producers. A great illustration of how Joseph Schumpeter’s “creative destruction” can revitalize a failing industry.