For Caterpillar, This Is What The “Second Great Depression” Looks Like

Wednesday, May 20, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/20/2015

To put Caterpillar’s ongoing second great depression in context, during the Great Financial Crisis, CAT suffered “only” 19 months of consecutive retail sales declines. As of April 2015, this number is now 29, and there is no hope in sight of seeing an annual rebounce any time soon.

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