Over 15 years ago, I recall working to help diversify
But others kept coming back to auto stuff
“We put all our chips on a poker hand called durable goods manufacturing, particularly the autos,” said Charles L. Ballard, a professor of economics at Michigan State University. “In the middle of the 20th century, every time we turned over the hand it was four aces, a straight flush. If you have an undiversified economy based on a sector that’s booming, great.”
That is not the case anymore."
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