ddavid

General Electric: Genuine Risk of Collapse?

A well written article on the Negative side. I would have liked to hear the positives too. We all know (or should know) the whole American economy (both individual & corporate) are highly leveraged. That's been the American way of life.

We can pick on 100's of companies, the question is: How companies many companies do the hedge funds and short seller like to sink ?, until there is nothing left ? Our worry should be how to increase exports, rather than trying to reduce this nation to rubles. No one appears to care for the future, well I'm sure China has a long term plan.
China's new status -- it now owns nearly $1 out of every $10 in U.S. public debt Additionally, the more China invests in U.S. debt, the harder it becomes for U.S. companies to sell their products overseas. A foreign company here in the US may well employ you, (and help with employment problem), but it does not help the National Debt visa vi the Trade Deficit. Those earnings go either overseas or are plowed right back into Treasury Notes, thus increasing our debt.
And those creditor now have enough (1.9 Trillion China alone) to influence the interest rate and thus can fine tune exports & imports.

Why don't you short the whole nation and look your kids in the eye at same time. Talking about greed, market manipulators have more than greed - they have the poison to cripple capitalism as we know it.