Vantas - a Brand Worth Knowing About?

It sounds like a European-Australian air carrier, but Vantas is also the name of a new Chinese automotive brand envisioned for the North American market.

The distributor behind the proposed brand should be familiar: California’s HAAH Automotive Holdings, which also plans to introduce the Chinese Zotye brand to the United States. This time, the introduction is an upscale one, with HAAH and China’s Chery Automobile signing a technical cooperation agreement to deliver a new brand, and a new SUV, to U.S. consumers.

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  • ScarecrowRepair The 1907 Panic had several causes of increased demand for money:[list][*]The semi-annual shift of money between farms and cities (to buy for planting and selling harvests)[/*][*]Britain and Germany borrowing for their naval arms race[/*][*]San Francisco reconstruction borrowing after the 1906 earthquake and fire[/*][/list]Two things made it worse:[list][*]Idiotic bans on branch banking, which prevented urban, rural, and other state branches from shifting funds to match demands. This same problem made the Great Depression far worse. Canada, which allowed branch banking, had no bank failures; the US had 9000 failures.[/*][*]Idiotic reserve requirements left over from the Civil War which prevented banks from loaning money; they eventually started honoring IOUs illegally and started the recovery.[/*][/list]Been a while since I read up on it, so I may have some of the details wrong. But it was an amazing clusterfart which could have been avoided or at least tamed sooner if states and the feds hadn't been so ham handed.
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