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20 sats \ 5 replies \ @Undisciplined 30 Jul \ parent \ on: Texas Manufacturing Slump Deepens in July econ
I think it's mostly pensions, but also some bond obligations.
Yeah, Detroit's rebounding. It had also been declining since the 60's so it's not likely to get back to where it had been. Eventually, people get through economic downturns. I'm not expecting anywhere to turn into Thunderdome.
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21 sats \ 4 replies \ @Satosora 30 Jul
Thunderdome? Mad max reference? They had a big economy based on building cars for the longest times. Do any car manufactures still make cars in detroit?
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20 sats \ 3 replies \ @Undisciplined 30 Jul
I think so, but I'm not sure. It's definitely much less than before.
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21 sats \ 2 replies \ @Satosora 30 Jul
Yeah, its a lot less. Tesla is in Texas and Cali, right?
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20 sats \ 1 reply \ @Undisciplined 30 Jul
I heard that Tesla's moving to TX, so I imagine they'll be in both states until that move is complete.
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68 sats \ 0 replies \ @Satosora 30 Jul
Right. Too bad Detroit didnt get them to move there.
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