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They are going broke because of fixed costs, most of which will be leave their income statements beginning in 2010. Nobody is selling anything,...
First of all the coffers are already empty to due runaway spending and negative balance of payments. If Detroit goes down, how do we ever rebuild...
Which company are you refering to? GM is #1 in the US, Ford is #3 and Chrylser #5. Which company are you referring to?
They are going greyhound. It will only cost $79 but they have to change buses in Cleveland and New York and the trip will take almost 48 hours...
The biggest problems are credit and confidence. I wonder how bad the great depression would have gotten with a 5 minute news cycle? There is no...
I was on the phone with a friend of mine today who has a toyota store and he has almost 400 new toyotas in and incoming. He has never had more...
A bankrupt nation in a massive depression.
It is worse than that, the november Toyota sales include large numbers of fleet vehicles that were not inn last years numbers. Almost 50% of the...
Jayman, i was listening to the bbc or npr the other day and they were saying that Detroit was actually a larger part of the canadian economy as a...
We are quickly moving into very desparate times, if not for the economy would FDR have been elected 4 times?, would the new deal have been passed?...
So it is over for the US as we know it. You may think I am fear-mongering, but how do we recover from the loss of 3 million unreplaceable jobs...
Dow at 2,000 your retirement gone, 15-20% unemployment, a world-wide depression for 10+ years. I guess as long as you say we might as well get it...
If one of the detroit companies fails they all fail and then the dominos start falling one by one in a radiant motion from detroit. If Gm or...
First of all you are terribly wrong about US companies outsourcing, yes it has happened but not even close to the scale that cars and parts are...
I am still hoping the world will find its way out of this but you may end up being very happy you have your escape spot. I thank you for pushing...
The Republicans are "free-traders" even though "free-trade is a text book theory only. It is sad.
This situation is cycling down with unprecedented speed. If Detroit is let to fail, North America will be in a depression worse than the 1930's....
Unfortunately it is "peanuts" compared to what it will cost if Detroit is allowed to fail.
If it was that easy and profitable, tell me why toyota has not already done it? After all most of their non-hybird lineup trail Chevy when it...
i am sure that is partially correct, but very few pensions are fully funded. If GM would have known in 1980 that in 2008 they would have 22% of...
