Thursday, June 19, 2014

Caterpillar Sales Drop Accelerates As Asian Demand Implodes

How’s that Asian century working out for you?  Any chance the status quo is going to be wrong.  Just a thought based on this wild idea.  You may have heard of it.  It’s called reality. 

Caterpillar shares are up 24% year-to-date.  But their sales drop continues to accelerate.   Asian mining sales are down 30% in this most recent quarter.  At this rate one should hope Caterpillar goes out of business to see the stock appreciate another 75%. 

Umm… what happens first in the supply chain of capital formation used for production?  Possibly mining?  Umm.. what happens first in the violence-based Asian mercantilist economic model of export-driven production growth?  Possibly mining?   Umm.. what happens first in the supply chain of violence-based American overconsumption fueled by Asian mercantilist overproduction?  Possibly mining?  Tick tock.

Title link here.

posted by TimingLogic at 12:37 PM

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