Mike Smitka has followed the industry (and the Japanese and Chinese economies) for 40 years, as an academic economist and now in retirement. David Ruggles has worked every phase of the retail side: new and used, sales and management, lease financing and consulting, in both the US and Japan. He is also retired.
A quick line, a take on Paul Krugman's latest (April 2, 2009) NYTimes Op/Ed on China and the US:
Their stance -- and that of the rest of the world -- is that they don't like what they see [US macro fundamentals], but we (the US) are too big to fail.
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