Thursday, September 20, 2012

The fiscal cliff disconnect continues

(Reuters) - German sports-car maker Porsche (VOWG_p.DE) expects to increase deliveries next year beyond the 140,000 vehicles the company plans to sell in 2012, chief executive Matthias Mueller said.

How is it that the world is heading toward a collective fiscal cliff, while collectively the world is buying more Porsches? Maybe it's because the people who are buying the Porches know how to run their businesses while the people who run the governments' do no know how to run theirs?

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