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  • Bond Holders: New Masters of the Universe? [View article]
    If GM goes to bankruptcy, and if the Judge bungles the case where GM winds out of business, then the economic Tsunami that will occur will exceed the trouble we are in now.

    We are fast becoming a totally consuming economy. No nation can stay economically viable in that stage. Our standard of living will crumble and we will be a third world country.

    We cannot survive without products to sell in the world market, and we can't do this without manufacturing. Selling to each other will not suffice.

    I don't know how we can find a way to do that, but somebody better find out fast.
    Apr 02 13:43 pm |Rating: +1 0 |Link to Comment
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