CarMax Can't Sell Cars; The Whole Economy Is In Big Trouble
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CarMax is back as a microcosm of the entire consumer economy. The company stumbled back in the spring then at the end of summer declared – no big deal - everything was turning around. Instead, not long after management eventually admitted it didn’t turn around which, this past week, was totally confirmed when CarMax reported sales that had basically crashed during the quarter.
Video Length: 00:21:06
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