Quote:
Originally Posted by Hesh
Wow so you are smarter than many economist that have been saying different than you. People that are actually paid for that job, instead of you who are specultaing from the outside. Look right now Ford has 32 billion in debt. After the bankruptcy GM will have only 17 billion in debt...lol only. How is that more than Ford has. Ford is not making money just like none of the others are. They arent selling cars and profits are down just like everyone elses are. So if they are in debt, not making money, all profits are down, and are still spending money hand over fist how in the hell do you expect them to be any better than the rest of ALL the other automakers. Not just the American makers but all of them. If things dont turn around for all the auto industry Ford will be in the same situation as GM, and Chrysler. Hell many of the foreign makers are getting money from their own goverments, or have been for years. Look at Toyota. That company had the Prius bought and paid for by their goverment. You keep living in your dream world where Ford is a ok. Hate to tell you a lil secret...none of the automakers are ok. So wake up and see what is really going on around you. The auto industry is in a world of sh%t and none of them are safe and sound.
|
The folks writing articles like these aren't the only ones with a degree in economics.
So yeah, given the drivel this chump is spouting I'm going to tell you he isn't qualified to run a lemonade stand. I might be a Ford fan, but I am so much more the staunch capitalist, and will always remain so. I wont sugarcoat the situation for any corporation, and Ford does indeed still face some tough times and continues to make some poor choices. That said, there is no comparison between the situation at Ford and the situation at GM, and were it possible whoever wrote this article should probably have his or her degree revoked, this brief synopsis of the situation really is that misguided (honestly I only read a portion of it as it only took a few sentences to realize the author is an utter moron with a very simplistic viewpoint regarding this situation)
Let me put it this way, as regards the financial state of GM I haven't been wrong yet....literally. Can you say the same for these guys?