Discussion:
Government is down and out
(too old to reply)
g***@gmail.com
2013-12-10 16:43:21 UTC
Permalink
The Government is out of GM.

They wrote off/gave away/lost/whatever

Anyway they do not own any shares anymore.

Lost a lot of money.

May have temporarily saved some jobs.

How much they lost nobody really knows.

They put in $ 50.000.000.000 and lost most of it.

The dollar is more or less in a free fall.

Not long ago big mac was $1 but is now $5 and will soon be $10 and so it goes on and on.
.
2013-12-10 18:19:11 UTC
Permalink
Post by g***@gmail.com
The Government is out of GM.
They wrote off/gave away/lost/whatever
Non sequitur as written.
Post by g***@gmail.com
Anyway they do not own any shares anymore.
Lost a lot of money.
Really? By what measure, and how much is a lot?
Post by g***@gmail.com
May have temporarily saved some jobs.
They indiputably did save jobs which may be permanent.
Post by g***@gmail.com
How much they lost nobody really knows.
You formerly claimed "a lot", now you claim "no one"
(meaning YOU) knows.
Post by g***@gmail.com
They put in $ 50.000.000.000 and lost most of it.
No, they most assuredly and documentably did not.
By your own continuing contradictions, you have
been exposed as a laughable clown
Post by g***@gmail.com
The dollar is more or less in a free fall.
Then you understand neither economics nor acceleration.
Post by g***@gmail.com
Not long ago big mac was $1
The Big Mac was introduced 46 years ago.
Post by g***@gmail.com
but is now $5 and will soon be $10 and so it goes on and on.
It hasn't inflated to that degree before and likely won't in the near
future unless you're again referring to decades by "soon. And as
you've clearly proven, you're neither competent not prescient.
g***@gmail.com
2013-12-11 12:16:23 UTC
Permalink
It has been proven time and again that the general economy is better if companies are allowed to fail.

Putting money into bad companies like GM only gives money to corrupt and incompetent management.

The general employees hardly benefit if at all.

The dollar is like the coyote running off a cliff and discovering there is nothing but air under it.

Several people are seriously thinking about replacing the dollar as a world currency and bailing out GM and other similar bubbles has not helped.

Be prepared for the value of the dollar to diminsh fast.
.
2013-12-11 16:05:34 UTC
Permalink
Post by g***@gmail.com
It has been proven time and again that the general economy is better if
companies are allowed to fail.
Putting money into bad companies like GM only gives money to corrupt and
incompetent management.
The general employees hardly benefit if at all.
The dollar is like the coyote running off a cliff and discovering there is
nothing but air under it.
Several people are seriously thinking about replacing the dollar as a
world currency and bailing out GM and other similar bubbles has not
helped.
Be prepared for the value of the dollar to diminsh fast.
What a steaming pile of horseshit and wholly non responsive
to so much as a single point in my reply, which you've cowardly
edited out in its entirety. GO AWAY!!
Ashton Crusher
2013-12-11 22:49:39 UTC
Permalink
Post by g***@gmail.com
It has been proven time and again that the general economy is better if companies are allowed to fail.
Putting money into bad companies like GM only gives money to corrupt and incompetent management.
The general employees hardly benefit if at all.
The dollar is like the coyote running off a cliff and discovering there is nothing but air under it.
Several people are seriously thinking about replacing the dollar as a world currency and bailing out GM and other similar bubbles has not helped.
Be prepared for the value of the dollar to diminsh fast.
You have the record for the speed at which you arrived in my kill
filter.
g***@gmail.com
2013-12-13 06:40:52 UTC
Permalink
General Motors continues to lose money on auto sales in India.A detailed report by The Economic Times on Thursday showed GM lost over 746 million rupees (about $14 million) last year, judging by filings with the Indian Registrar of Companies last week. The Indian subsidiary of GM sold around 1.1 million vehicles last year, taking a 67,000 rupee ($1,200) loss on each vehicle sold. In dollars, that might not look like much. But this is India, and rupees count.The same is true in other markets. GM can not do business without government support.
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