This Is The Economic Canary In The Coal Mine

CarMax reports dismal earnings. Even Germany's Bosch decided to lay off another 13,000 workers. It's not just a canary in the coal mine, there's a whole flock - or fleet - of them.

Sculpture, Art, Breadline, Bronze, Depression, 1930

Image Source: Pixabay
 

What is going on in the auto world? First, Tricolor goes bankrupt. Then, parts supplier First Brands follows them. CarMax reports dismal earnings. Even Germany's Bosch decided to lay off another 13,000 workers. It's not just a canary in the coal mine, there's a whole flock - or fleet - of them.

Video Length: 00:20:35


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