Quote:
Originally Posted by The_Blur
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.
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Your right, however when companies emerge for bankruptcy, there are huge cutbacks things are eliminated. Many airlines have done it and the have stopped flying in and out of certain cities, expansion is stopped, and almost all future plans are halted. So if GM goes into the bankruptcy the idea that the Camaro production may not begin is not a stretch, by any means.
Your also right about Japan, however it has not been a popular idea here in America, and would represent a major shift that has been fought against by many "free marketers"