Quote:
Originally Posted by rlg3
Have you read a paper or seen the tv???? GM will be bankrupt before production of the camaro if they do not get government help. There will be no camaro without government help matter of fact there may be no GM without government help.
|
Bankruptcy is not the end of a business. Multiple airlines operating today at one point operated under bankruptcy protection. GM probably won't do as well as the airlines without serious government involvement.
It's also worth nothing that foreign government routinely invest in their industries to give them an edge. Japan, for instance, invested in Toyota to help it produce a variety of products.