Sunday -- Bad Predictions
"The most important question in the industry is: "What is the
saturation point with out population of 105-million people?' Under
constant conditions, there must be a saturation point. The optimistic
say 20 millions cars; the conservatives say 10 million cars. Our
estimate is 12 million, until coal dust or some cheap fuel can be
used."
-Babson's Statistical Organization, August 9, 1921.
|
|