RV industry death spiral...
I'm greatly looking forward to this series of articles over the next couple of weeks: http://rvdailyreport.com/opinion/opinion-the-rv-industry-death-spiral-part-1/comment-page-1/#comment-370313 ...
Forum Discussion
fla-gypsy wrote:
They could build an RV like you want but you couldn't afford it and they would go bankrupt. So they keep building cheap units that folks can afford and make them a profit. No business survives without willing customers who will pay.
I didn't read the origanl article when I wrote this post.
They will go bankrupt anyway during the next recession. Then they will declare bankruptcy, our tax dollars will bail them out, and then they will start all over again.
Only, the small company's that could not get bankruptcy protection from the courts will get swallowed up by the big company's.
That will make quality even worse.
That is how the banking industry works in 2016
