You get what you pay for gentlemen
My quoted story was from an American toy makers with 30 years in that business
He may be right, 50 years ago we made electronics, even had our own big brands
Japan first, then many Asian manufacturers now make it, and in truth it is good
SMH today, story about the coming financial crisis, surely we know it [call it a correction] has to come
We can only hope those about to be hurt come out ok

You are right for once Paul. Yes my lady is a fool where money is concerned. She also is a fool about cars.

Although a very intelligent lady otherwise, she wastes money on our kids, just like most mothers. But it is with cars she is worst. She easily could learn something about them, but refuses to. Thus as she spends a lot of time driving at night, she is scared of breakdowns.

She is even silly enough to think that driving a new car will prevent, or at least greatly reduce the likelihood of having them. Silly girl. To make matters even worse she has twice bought not only European cars, but French European cars. How silly can anyone get?

Yes she has been one of those more interested in Bluetooth, the number of phone charging outlets & cup holders etc., than the record of service reliability of cars, but she is waking up at last & now has a Mazda, the new Toyota for reliability.

At least we don't borrow money to buy cars, or anything else for that matter, so are not effected by interest rates.

http://www.smh.com.au/business/markets/wall-street-tumbles-as-tariff-man-trump-throws-markets-into-a-tizzy-20190601-p51tey.html
One day, hopefully not this day, a headline like this will signal the next GFC is here
It will not take much, we have seen grim predictions like this many times
One day, as it must, the correction will arrive

Hasbeen we have that in common, I never borrow to buy anything
My current car, a 4x4 Suzuki was bought with cash
As good as it was when new it cost far less than ten thousand
The next, maybe my last will too, shame is some are so deep in debt they will never get out
Interest rates,some have convinced me it [lower] is a help in getting the economy going
But surely that says,it too is going in the end, to lead to inflation

http://www.abc.net.au/news/2019-06-03/rate-cuts-and-recession-can-our-luck-continue/11172000
While it is clear we have finished with the thread we are not finished with the subject
Just maybe it will overwhelm us in the next 12 months

We have become a Harvey-Norman society, buy now pay a heavy price later ! The new Chinese Silk Road too will have a huge impact here.